3750 Sw 1st Street Unit #1-7, Fort Lauderdale, FL 33312

$869,000
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List Price
$869,000
MLS#
B26097484
Status
ACTIVE
Type
Commercial
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Property Description

7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%

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Additional Information

Days on Market
3
Tax Amount
$20,585
Parcel Number
504207081540
Lot Size
9,358
Address
3750 Sw 1st Street Unit #1-7, Fort Lauderdale
Year Built
1958
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Listing Courtesy of United Realty Group Inc, Contact: