2632 NW 18th Terrace, Oakland Park, FL 33311
- $900,000
- 4,011
- SqFt
- Sold Price
- $900,000
- List Price
- $980,000
- Days on Market
- 18
- Closing Date
- Jan 22, 2025
- MLS#
- A11685745
- Year Built
- 1966
- Living Area
- 4,011
- MLS Area Major
- 3560
Property Description
8% + CAP RATE FOURPLEX!• Fully Leased: long-term tenants in place/immediate cash flow (See Financials)• Unit Layout: two 3/1 and two 3/1/1.o Partially renovated Kitchens: Including refrigerator, electric range, and W&D.o Tile or waterproof Vinyl Floorso Bathrooms: With tubs, vanities, toilets.o Freshly Painted• Utilities: Electric meters for each unit, water account for whole property.• Parking: 8 for tenants (2 each unit) and 1 for guests.Investment Benefits:• Instant Cash Flow: Start generating income at closing.• Long-Term Growth Potential• Prime Location: Strong demand for rental.• 50 Years certification: Passed!Fantastic "set-and-forget" investment that offers stable/reliable income stream, room for growth... Don't miss out on this opportunity!
Additional Information
- Taxes
- $12,759
- Zoning
- R-1
- Utilities
- Cable Not Available
- Heating
- Electric, Separate Meters
- Air Conditioning
- Electric
- Exterior Construction
- Block
- Roof
- Shingle
Listing courtesy of Miami Global Realty Inc. Contact:
Selling Office: Keller Williams Capital Realty.