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1825 NE 26th Ave Fort Lauderdale, FL 33305
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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,041 sqft
Price per Sqft $328
Subdivision Livermore Estates
MLS Listing ID A11092839
Style Fourplex
Year Built 1949
Annual Tax Amount $16,937
Tax Year 2020
Property Description
5 PLEX/5PLEX! Great Coral Ridge Investment. Look at lot size/dbl. 100x125. Clean as a pin but still "old Florida". Impact windows, less to worry about! Very nice street surrounded by high-end townhomes . Please drive by and contact broker for further info and interior inspection. Serious buyers only! COIN LAUNDRY
Unit 1 (1,050 x 12)= 12,600 Unit 2 (999 x 12) = 11,988 Unit 3 (1200 x 12)= 14,400 Unit 4 (1,475 x 12) = 17,700 Unit 5 (925 x 12)= 11,148 Laundry 678.25 totals 68,514
Expenses Taxes $16,936.67 Insurance $2,496.63 Pest control $700 Lawncare $1,440 Water/Sewer/Trash $3,853.32 Total 25,425.99
NET PROFIT 43,088.01
4.3% return net
Potential
3 x ((1 bedrooms at 1,200/month) x 12) = 43,200 2 x ((2 bedrooms at 1,500/month) x 12) = 36,000 Laundry 678
79,888
Location
State FL
County Broward County
Community Livermore Estates
Area 3260
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Terrazzo
Exterior
Exterior Feature Security/High Impact Doors
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Flat,Shingle
Building
Lot Description 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with RE/MAX Experience