2233-2239 NW 57th Ave
Lauderhill, Florida

MLS#: F10500821

$875,000 USD

  • Type
    Apartment
  • Home/Lot size
    300m²  (3,233ft²)
The details

Property features

Key features

  • Parking

Construction details

  • Year built: 1973
  • Building condition: Resale
  • Roofing: Composition/shingle

Other features

  • Cooling system: Ceiling Fan Central
  • Heating system: Central
  • Parking Spaces: 6

Area

  • Property size: 300m²  (3,233ft²)

Description

Great Income producing well maintained fourplex. Yearly income is $79,200. 4 identical units, all 2/1. Large lot and 6 parking spaces. The roof was installed new in 2015, all the A/C have been replaced since 2015, with cages. The house and trim were also repainted in the last years. Seperate electric meters and owner pays for water, around $350/m. Grass cut $60/m. Insurance $8,000/year, taxes for 2024 were $13,691 (if paid by November 30th). Aproximate net income is $52,000. Long term Tenants, paying well below market rent, as some of them have been there for over 10 years. 3 of them on a yearly lease and one month to month. Housing Voucher for 33313 is $2180/m. Storage room at the back that could be used for laundry or storage. Very close to Florida Turnpike & 3 miles to I-95. No HOA.

Location

Lauderhill, Florida
Courtesy of Lisa Caterina Malservisi Cornillot RE/MAX Select Group