7361 NW 37th Street
Quick Summary
- Price
- $300,000
- Area:
- 2,784 sq ft
Property Description
No. Units: 4
Price/Unit: $75,000 /Unit
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Commission Split: 3%
Cap Rate: 11%
Occupancy: 100%
Tax ID/APN: 514103270130
Status: Active
Fantastic find! Large fourplex in the Heart Of Davie. Units are in great shape and have been updated, newer floors, bathrooms, etc. Building has separate water/electric meters. This is a HOME RUN!! Gross annual income is $40,500 plus Laundry income. Annual Expenses are: Taxes: 4,672 Insurance Est. $4,000 & Lawn $50.00. Water and Trash tenants pay. Easy building to run. Info believed accurate but must be confirmed by buyer. DO NOT WALK PROPERTY WITHOUT PERMISSION! YOU WILL BE TRESPASSING.
Location Description:
Davie, FL
Financial Summary / Actual
Net Operating Income / $29,500