Fort Lauderdale, FL 33312
$869,000
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%
Questions on 3750 SW 1ST Street 1-7, Fort Lauderdale, FL 33312, or want to see it in person?
Listed by Alexander Samuel Glaser, United Realty Group Inc