Coral Springs, FL 33065,4000 Riverside Dr

$390,000

Est. payment /mo

$445,000

12.4%
Est.Price: ?

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4000 Riverside Dr Coral Springs, FL 33065

3,186 SqFt

SOLD DATE : 01/26/2017

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $122

Subdivision Coral Spgs Sub 1 59-30 B

MLS Listing ID F10043357

Sold Date 01/26/17

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $5,968

Tax Year 2015

Property Description

Fantastic Find!! Large 4 plex in the heart of Coral Springs. All units are 2 bed 1 bath. Current tenants have been in property for years & are all month to month. Market rent for each unit is around $1200. That would be $4800 per month gross. Building has new electrical panels in & out,new tankless water heaters & one unit has new floors & kitchen. Estimated. inc/exp (annually):Proforma Income $57600. Taxes $5968 Water $1980 Insurance $3500 Lawn $900 trash is included in taxes. Est: NOI is $45252. 10% Cap

Location

State FL

County Broward County

Area North Broward 441 To Everglades (3611-3642)

Zoning RM-20

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Carpeted Floors, Ceramic Floor

Exterior

Waterfront Description Canal Front

Water Access Y

Water Access Desc None

Roof Type Barrel Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Frame With Stucco

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash Only

Listing Terms Cash Only

Special Listing Condition As Is

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Fidelity Real Estate Group LLC

Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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