Property Description
7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer.
Buyer can assume 6% mortgage currently held by owner
Total Monthly rent: $8,085
Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585
Total Yearly rent: $97,020
Total yearly expenses: $37,145
ROI: 6.9%
Features
- Heating System
- Cooling System
- Parking Features
- Roof
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33312
- Street:
- 3750 Sw 1st Street 1-7, Fort Lauderdale, Florida 3
- Longitude:
- W81° 51' 23.8''
- Latitude:
- N26° 7' 20.3''
MLS Addon
- Building Area:
- 2,836 Sqft
- Construction Materials
- Cumulative DOM:
- 2
- DOM:
- 2
- Electric
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 504207081540
- Stories Total:
- 1
- Tax Annual Amount:
- $20,585
- Utilities
- Virtual Tour:
- Click Here
Commercial Sale For Sale
3750 Sw 1st Street 1-7, Fort Lauderdale, Florida 3, Fort Lauderdale, Florida 33312
9,358 Sqft
$869,000
MLS # #B26097484
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $869,000
- Year Built :
- 1958
- Lot Area :
- 9,358 Sqft
- MLS # :
- B26097484
