SQUARE FEET2,836
MLS#B26097484
STATUSActive
PROPERTY TYPECommercial - Business
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 ownerTotal Monthly rent: $8,085Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585Total Yearly rent: $97,020Total yearly expenses: $37,145ROI: 6.9%
Property Features
Property Type: Commercial - Business
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Lot Size: 0.21 Acres
Roof Type: Composition, Shingle
Stories: 1.0
Taxes: $20,585
Year Built: 1958
Feature Descriptions
Days on Site: 1
Exterior: Block, Brick
Fencing: Chain Link
Flooring: Tile
Parcel#: 504207081540
Parking: Assigned, Guest
Parking Notes: Assigned, Guest
Sewer: Public Sewer
Units: 7
Utilities: Electricity Available, Sewer Available, Water Connected
Utilities: Electricity Available, Sewer Available, Water Connected
Water: Public
Listed By / Shown By
Listed By
Agency Name: United Realty Group Inc
Agency Phone: 954-450-2000
Shown By
Agency Title: The Zwart Team - Continental Properties, Inc.
Agency Phone: (561) 906-1263
3750 SW 1st Street, Unit 1-7 | MLS# B26097484
This commercial property located at 3750 SW 1st Street, Unit 1-7, Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $869,000. Search Fort Lauderdale real estate on www.thezwartteam.com today.