Exceptional 5 Unit investment opportunity in desirable area of Coral Springs! This turnkey investment boasts a current cap rate of 6%. Each 2 bed/1 bath unit separate A/C units, water heaters and electric meters. Updates include granite counters, stainless steel appliances, tile floors, hurricane impact windows. Ample parking for tenants and separate laundry/utility room with washer & dryer. Permits show roof replaced in 2005 and impact windows less than 1 year old. Units currently all rented to same tenant for 3 year period staring Sept 2020 with total rents of $9,000 per month.

Property Details

  • MLS #F10250194
  • TypeDuplex / Quad Plex / Triplex
  • StatusActive
  • Development
  • SubdivisionCORAL SPRINGS VILLAGE GRE
  • Sale TypeRegular Sale
  • Lot Size0
  • Price / Sq.Ft.$0
  • Parking Spaces0
  • Swimming PoolYes
  • Days on Market196
  • Year Built1973
  • Style Quadruplex
  • WaterfrontNo
  • FurnishedNo
  • Flooring TypeCeramicTile,Tile
  • Date Listed09/25/2020
  • HOA Fees N/A
  • Cooling TypeCentralAir,Electric
  • Heating TypeCentral,Electric
  • Taxes Year2019
  • Taxes$23,515

Exterior Features

  • Fence
  • Security High Impact Doors

The multiple listing information is provided by the GREATER FORT LAURDERDALE REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2021-present GREATER FORT LAURDERDALE REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC

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