Description
Investors PRICED TO SELL FAST! Cash Cow. Corner Fourplex in Prestigious CORAL RIDGE 10 Minutes from the beach. East of US1. Each unit has 2 independent entrances, Owner can share his project of turning into 8 units. Four 1/1 and Four 2/1 to increase profits even more. Use is Residential Multifamily 1-10 Units Lot: 10,8575 SQFT Each unit is 1350sqft approx all have washer/dryer, a screened Porch/Balcony and independent electric meters. Seller is buying a building otherwise he wouldn't sell. He just started increasing rents without remodeling and has a waiting list of interested tenants. Add Value and grow to a 9%+ CAP RATE. You can use it for Airbnb, long term, short term lots of possibilities to increase returns. Don't miss on this one.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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5,208SQFT
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$288$/SQFT
School Ratings & Info
Description
Investors PRICED TO SELL FAST! Cash Cow. Corner Fourplex in Prestigious CORAL RIDGE 10 Minutes from the beach. East of US1. Each unit has 2 independent entrances, Owner can share his project of turning into 8 units. Four 1/1 and Four 2/1 to increase profits even more. Use is Residential Multifamily 1-10 Units Lot: 10,8575 SQFT Each unit is 1350sqft approx all have washer/dryer, a screened Porch/Balcony and independent electric meters. Seller is buying a building otherwise he wouldn't sell. He just started increasing rents without remodeling and has a waiting list of interested tenants. Add Value and grow to a 9%+ CAP RATE. You can use it for Airbnb, long term, short term lots of possibilities to increase returns. Don't miss on this one.
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