Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® NumberF10512073
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1988
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air, Ceiling Fans
Heating Fuel
Extras
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