$1,500,000
$1,580,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
637 NW 15 TER Fort Lauderdale, FL 33311
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Riverbend
MLS Listing ID A11514090
Sold Date 05/05/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1965
Annual Tax Amount $13,753
Tax Year 2023
Contingent No Contingencies
Property Description
ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit.
Please do not bother tenants. Serious inquiries only!
Location
State FL
County Broward County
Community Riverbend
Area 3460
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Flat,Tile
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504204230240
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with Jade International Realty LLC