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Home / Listings / B26097484

3750 SW 1ST Street # 7 # 1-7

Fort Lauderdale, FL 33312

MLS# B26097484

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Property Details

Bedrooms

Bathrooms

0

Square Feet

2,836

Year Built

1958

Property Type

Multi Family

Status

Active

Description

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 owner Total Monthly rent: $8,085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20,585 Total Yearly rent: $97,020 Total yearly expenses: $37,145 ROI: 6.9%

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