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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,775 sqft
Price per Sqft $198
Subdivision Cannon Point First Add
MLS Listing ID A11443513
Sold Date 12/01/23
Construction Status New Construction
HOA Y/N No
Year Built 1973
Annual Tax Amount $8,779
Tax Year 2022
Contingent No Contingencies
Property Description
Amazing investment opportunity in Lauderhill's Renaissance Point. Rarely available and highly sought after triplex consisting of 3 3/2's, 3600 s/f under air. Recent capital improvements include new roof (2020) and exterior paint, 2 of the 3 units have been fully renovated within the last year and feature solid wood kitchen cabinets with granite counters, SS appliances, tile flooring throughout, new lighting, brand new bathrooms, tiles, vanities, paint, updated electric etc. Each unit is approximately 1200 s/f and features large bedrooms, tons of closet space. Each unit has 2 assigned parking spaces. Super hot rental area. Current income $84K GAI $68,461 NOI (9.1% NET CAP). Property being sold together with 5601 NW 27th Ct. Seller will accept $1.5M for both properties with cash contract.
Location
State FL
County Broward County
Community Cannon Point First Add
Area 3650
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Ceramic Tile, Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront Yes
Waterfront Description Creek
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status New Construction
Others
Tax ID 494126180010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Beach City Realty
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