2632 NW 18th Ter Pending

Oakland Park,FL 33311

$ 980000

- Bed

0 Bath

4011 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,011 sqft

Price per Sqft $244

Subdivision Middle River Gardens

MLS Listing ID A11685745

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1966

Annual Tax Amount $12,759

Tax Year 2023

Contingent Pending Inspections

Property Description

8% + CAP RATE FOURPLEX!
• Fully Leased: long-term tenants in place/immediate cash flow (See Financials)
• Unit Layout: two 3/1 and two 3/1/1.
o Partially renovated Kitchens: Including refrigerator, electric range, and W&D.
o Tile or waterproof Vinyl Floors
o Bathrooms: With tubs, vanities, toilets.
o Freshly Painted
• Utilities: Electric meters for each unit, water account for whole property.
• Parking: 8 for tenants (2 each unit) and 1 for guests.
Investment Benefits:
• Instant Cash Flow: Start generating income at closing.
• Long-Term Growth Potential
• Prime Location: Strong demand for rental.
• 50 Years certification: Passed!
Fantastic "set-and-forget" investment that offers stable/reliable income stream, room for growth... Don't miss out on this opportunity!

Location

State FL

County Broward

Community Middle River Gardens

Area 3560

Interior

Heating Electric

Cooling Electric

Flooring Tile,Vinyl

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 9

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Brick,Block

Construction Status Resale

Others

Tax ID 494228000340

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition Listed As-Is

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