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 ownerTotal Monthly rent: $8,085Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585Total Yearly rent: $97,020Total yearly expenses: $37,145ROI: 6.9%
Listed By
Agency Name: United Realty Group Inc
Agency Phone: 954-450-2000
Shown By
Agent Name: Leslie Russell Associate Broker/Consultant
Agent Phone: Cell: (215) 694-9169
Agency Title: RealtyMark
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3750 SW 1st Street, Unit 1-7 | MLS# B26097484
This commercial property located at 3750 SW 1st Street, Unit 1-7, Fort Lauderdale, FL 33312 is currently listed for sale with an asking price of $869,000. Search Fort Lauderdale real estate on lrussell.realtymark.net today.