$582,500
$599,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
620 SW 7th St Fort Lauderdale, FL 33315
2,666 SqFt
Key Details
Sold Price $582,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,666 sqft
Price per Sqft $218
Subdivision Pinewood Place Resub Pt B
MLS Listing ID F10086407
Sold Date 11/20/17
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1960
Annual Tax Amount $6,135
Tax Year 2016
Property Description
Desirable 6-Plex on corner lot in Tarpon River. One studio/efficiency is currently vacant. Potential rental income of $4800/month, $57,600/year. Property is being marketed at a 7.1% CAP rate using attached Profit/Loss Statement. Four one bedroom units and two studio/efficiency units. Each unit has separate electric meters. Roof replaced in 2012. PLEASE DO NOT DISTURB TENANTS. PLEASE DO NOT WALK THE PROPERTY. ACCESS TO BE PROVIDED DURING INSPECTION PERIOD OF EXECUTED CONTRACT.
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RD-15
Interior
Heating Other
Cooling Other
Flooring Tile Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
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 New Construction
Others
Pets Allowed No
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Special Listing Condition As Is
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