North Lauderdale, FL 33068,931 SW 80th AVE 1-3
North Lauderdale, FL 33068,931 SW 80th AVE 1-3
North Lauderdale, FL 33068,931 SW 80th AVE 1-3
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Listed by Elite Properties & Investments
Bought with Elite Properties & Investments

$505,000

$560,000

9.8%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

2,880 SqFt


SOLD DATE : 02/03/2022

Key Details

Sold Price $505,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $175

Subdivision Lauderdale North Park Sec

MLS Listing ID RX-10760106

Sold Date 02/03/22

Bedrooms 6

Full Baths 3

Construction Status Resale

HOA Y/N No

Year Built 1973

Annual Tax Amount $8,424

Tax Year 2020

Property Description

Rare opportunity to own a turn key 3-unit property with incredible cash flow, situated on a corner lot! This property currently generates $3950/mo with long-term annual lease tenants. Rent has not been increased to market value, and has the potential to generate significantly more. Each Tenant pays their utilities and water (each unit is separately metered). The three units are 2/1's with a spacious front yard, & shared amenities, and 6 parking spots.Buyer has a great opportunity to raise rents to current market value (somewhere between $1500-$1600), generating between $4500-$4800/mo in rents. DO NOT DISTURB TENANTS ACCEPTING AS IS CONTRACTS WITH THE RIGHT TO PREVIEW AND INSPECTION. ABSOLUTELY NO SHOWINGS BEFORE PLEASE SUBMIT PROOF OF FUNDS - CASH ONLY!!!

Location

State FL

County Broward

Area 3642

Zoning RM-10

Interior

Heating Central

Cooling Central

Flooring Tile

Exterior

Exterior Feature None

Utilities Available Public Sewer

Amenities Available None

Waterfront Description None

Roof Type Other

Private Pool No

Building

Lot Description < 1/4 Acre, Corner Lot

Story 1.0

Foundation Block, Concrete

Construction Status Resale

Others

HOA Fee Include None

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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