22
$1,239,000 Sale
Listed 6 hours ago
3700 NW 116th Ter
· 0
· 0
· 10
· 4105
Key Facts
Key facts for 3700 NW 116th Ter
Property Type
Apartment, Fourplex
Parking
Unspecified , 10 parking
MLS #
F10533100
Size
4105 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$21,500 /yr
Days on Market
-
Year Built
1987
Maintenance Fee
-
Description
Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of 9750 for all units. Gross income is $117000/year with esti...mated expenses of $31,000, Market rents are around $2,800/month, pushing the potential cap rate to 6.5%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.4 ac units are less than 4 year old.40 year inspection passed., Directions:
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Courtesy of: Pala Homes Inc

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