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1118 NW 31 Av, Fort Lauderdale FL 33311

Multi-family For Sale
$1,500,000

BTC: 15.04513692

ETH: 446.42857143

-$250K (2024/06/04)
254 days
0 room(s)
5,827 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Electric
Price/sqft:
$257
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    Cooling

    • Central Air

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 494232070290

    • Zoning: B-3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $12,467

  • Source details

    • MLS ID: A11566600

    Other facts

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 5827

    • Subdivision Name: ROOSEVELT GARDENS

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