Overview
Closing Costs Calculator- Status: Closed Sale
- Parking No info
- Size: 3,120 ft2/289.86 m2
- Price Per: $240.38 ft2/$2,587.48 m2
- Type: Multifamily
- Built: 1972
- HOA: No info
- MLS Number: F10377633
- View No info
- On Site: 379 days
- Updated: 334 Days Ago
- Page Views: 1
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!
Contact AdvisorDevelopment Amenities
Development Amenities:
- Sidewalk
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
06/02/2023 | Sold | $730,000.00 | 2.7% | $103.11 ft2/$1,109.84 m2 |
05/01/2023 | Listed | $749,999.00 | $105.93 ft2/$1,140.24 m2 |
Features
Property Details for 3960 NW 31st Ter, Lauderdale Lakes, FL 33309
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 0
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central Heat
- Cooling Description: No info
- Building and Construction
- Floor Description: Other Floors
- Windows/Treatment: No info
- Construction Type: Cbs Construction
- Year Built: 1972
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Oriole Estates
- Subdivision Name: Oriole Estates Sec 8 65-9
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 05/01/2023
- Closing Date: 06/02/2023
- Directions: From N State Rd 7 & Oakland Park Blvd. Head east on FL-816 E/W Oakland Park Blvd. Use the left 2 lanes to turn left onto NW 31st Ave. Turn left onto NW 40th St. Turn left at the 1st cross street onto NW 31st Ter. Destination will be on the left
- Area: 3550
- Section: 19
- Brokered By: Fidelity Real Estate Group LLC
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $12,069.00 (2022)