Lauderdale Lakes, FL 33309,3960 NW 31st Ter
Lauderdale Lakes, FL 33309,3960 NW 31st Ter
Lauderdale Lakes, FL 33309,3960 NW 31st Ter
30
$730,000
$749,999
2.7%
Est.Price: ?

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3,120 SqFt

3960 NW 31st Ter Lauderdale Lakes, FL 33309

Est. payment /mo
SOLD DATE : 06/02/2023

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Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $233

Subdivision Oriole Estates Sec 8 65-9

MLS Listing ID F10377633

Sold Date 06/02/23

Style Fourplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 7080

Year Built 1972

Annual Tax Amount $12,069

Tax Year 2022

Property Description

Opportunity Is Knocking! Fourplex For Only $749K! This Property Has Incredible Potential For Growth! The Building Consists Of 4 Units, (Two) 2 Bedroom 1 Baths & (Two) 1 Bedroom And 1 Bathroom. Building Has Hurricane Impact Windows, Central A/C and Separate Electric Meters. Also, Included Is A Community Laundry Room Equipped With Washer Dryer Hookups. Perfect For Adding Coin Operated Machines For Additional Income. All Units Are Occupied With 3 Month To Month Tenants + 1 Leased Unit. Current Annual Gross Income Is $76,200 (7.7% Cap), Rents Are Below Market, But Can Be Increased To $82,800+(8.6%+ Cap). The Total Annual Expenses Are $18,287. Expenses Include Taxes: $11,587 Landscaping: $600 Estimated Insurance: $4,000 Water:$2,100. Take A 360 Virtual Tour Now!

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RM-16

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Other Floors

Exterior

Waterfront No

Water Access N

Roof Type Flat Roof With Facade Front

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Fidelity Real Estate Group LLC
Bought with Rich Homes of Florida

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Michael Rossi

Agent | License ID: SL3452544

+1(561) 679-2514

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