$260,000
$275,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
2724 SW 8th St Fort Lauderdale, FL 33312
2,224 SqFt
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $116
Subdivision Melrose Park Estates 40-1
MLS Listing ID F10090647
Sold Date 12/22/17
Style Triplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 7200
Year Built 1968
Annual Tax Amount $3,336
Tax Year 2016
Property Description
Fort Lauderdale Triplex with Rents Way Below Market! Two Units are 2 Bedrooms 2 Baths. One Unit is 1 Bedroom 1 Bath. As Per Owner, Units Have Separate Water & Electric Meters. Owner Pays Tenant's Water as Courtesy. Washer & Dryer Hookups Are Available To Add Coin Operated Machines for Extra Income. Current Gross Income is $27,900. Market Gross is $39,600. Expenses Include Taxes: $3,336 Lawn: $600 Estimated Insurance: $3,500 Water: $3,888. Current Cap: 6% Proforma: 10%
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RS-8
Interior
Heating No Heat
Cooling Wall/Window Unit Cooling
Flooring Other Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Other Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition As Is
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP