Call Carlos Montoya, Multifamily Expert (954)234-7653. Fantastic Find!! Large 4 plex in the heart of Coral Springs. All units are 2 bed 1 bath. Current tenants have been in property for years and are all month to month. Market rent for each unit is around $1200.00. That would be $4800 per month gross. Building has new electrical panels in and out,new tankless water heaters and one unit has new floors & kitchen. Estimated inc/exp (annually):Income $57600. Taxes $6445 Water $1980 Insurance $3500 Lawn $900 trash is included in taxes. Est: NOI is 44775. 10% Cap. Call Carlos Montoya, Multifamily Expert (954)234-7653.
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