Property Details

Property Type: Multi Family Home

Bedrooms: 4

Bathrooms: 4

Total size: 3,221 SQ FT

Lot Size: 7,569 SQ FT

Year Built: 1969

Property Taxes: $14,190.13

Estimated Rehab: $ 50k

Property Type: 5-plex, Beds/Baths: 4 1/1, 1 efficiency. Tenant Occupied. Fully rented, long term tenants but all on month to month. 5 separate electric meters, 1 water meter. Roof older, no damages, just passed insurance inspection. Electric fully redone this year. A/C all central in 1/1s, efficiency is wall unit. Each apartment has its own private yard.

Comps:

1) 1651 NE 45th St, OAKLAND PARK, FL 33334-5519, sold price $790,000, 3/2 and 2/2, SQ FT 2,888 (smaller and duplex)

2) 4530 NE 16th Ave, OAKLAND PARK, FL 33334-5640, sold price $735,000, 2/2 and 2/1, SQ FT 2,094 (smaller and duplex)

3) 2100 NE 45th St, FORT LAUDERDALE, FL 33308-4725, sold price $1,280,000, 3/3.5 and 3/3.5, SQ FT 3,200 (similar size but duplex)

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