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161 NW 40th Ct Oakland Park, FL 33309
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Key Details
Sold Price $745,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Prospect Gardens
MLS Listing ID F10245493
Sold Date 03/16/21
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 10184
Year Built 1970
Annual Tax Amount $13,316
Tax Year 2019
Property Description
The property Contains 5 (2/1) apartments each One 766 ft.² it is significant to note that the units have been completely renovated in 2018 which includes new bath + new kitchen cabinets and countertops + new appliances + new tile floors and baseboards + knockdown textured walls + 2 new electrical panels + new central A/C’s and several new water heaters. Each tenant has an occupancy which is 4 years or better. Laundry room on site with washer and dryer: $1.50 per cyclce. 100% Occupied Long term and stable tenants. Cap Rate:7.04%
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RM-16
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block With Brick
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition As Is
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Bought with Floridism Real Estate, LLC.
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