Great Fourplex in Coral Springs. Each unit is 3 Bedroom/2 Baths. Value add opportunity, rents are below the market at $1200, can rent for $1450. Potential CAP Rate is 8.5%. Laundry in each unit. Potential gross income $69,600. Annual expenses are: property tax $7898; water&sewer&trash-monthly ranges from $350-500; repairs $2,000; landscape $1200. Net Income $44,078 Tenants pay their own electric. See attached package
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
