$ 1,499,999
-
$1,499,999
Price -
0
Bed - Bath
-
4,464
SqFt
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About the Listing LSYL01 - 276651007
Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of $10,796 for all units. Gross income is $129,552/year with estimated expenses of $37,000, this offers a strong 6.17% cap rate. Market rents are around $2,800/month, pushing the potential cap rate to 6.49%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.
Listing Highlights for 3501 NW 114th Ln
Status
Active
Days on Site
75
Property Type
Multi-Family
MLS ®
F10512073
Year Built
1988
Total Square Footage
4,464
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s)
- Heating: Central
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: 1/4 to 1/2 Acre Lot
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: RM-15
- Roof: Spanish Tile
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $25,094
- Taxes w/Assessments: N/A
- Tax/Property ID: 484117061400
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
3501 NW 114th Ln Coral Springs, FL 33065
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