2632 18th Ter ,Other, Quadruplex, Middle River Gardens for Sale

2632 18th Ter for Sale

Price $980,000.00

• Lot size 4011
• Year Build 1966
• Waterfront
• Zip 33311
• Style Other
• Parking Description
• Pool Yes
• Status Active

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 Floors o 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!

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11685745 All the financial and legal information are in attachement. To schedule a visit please send offer with POF or Pre-approval Letter Visits (min 72 hours request) will be after 6 Pm if weekday and around 12 noon if Saturday

28-49-42 S 85 OF N 235 OF E1/2 OF E1/2 OF SE1/4 OF SW1/4 OF NW1/4 & LESS W 25 FOR ROAD R/W

1/4 To Less Than 1/2 Acre Lot

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 Floors o 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!

City:Oakland Park,Zoning:R-1,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Vinyl,Latitude:26.159843,Cooling Y N:1,Heating Y N:1,List Price:980000,Listing Id:A11685745,Longitude:-80.1669156,Mls Status:Active,Year Built:1966,Living Area:4011,Postal Code:33311,Street Name:18th Ter,Coordinates:1:26.159843,Photos Count:92,Building Name:Middle River Gardens,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:3560,M L S Area Major:Middle River Gardens,On Market Date:2024-11-05,Parcel Number:494228000340,Parking Total:9,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:2632,M I A M I R E_ Style:Fourplex,Public Remarks: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 Floors o 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!,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Miami Global Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2902,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:Middle River Gardens,Tax Annual Amount:12759,Unparsed Address:2632 NW 18th Ter, Oakland Park FL 33311,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:4011,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:244.3281,Original List Price:980000,Public Survey Range:49,Documents Available:1:Financial Statement,2:Copy Of Lease(S),3:Rent Rolls,4:Existing Survey,I D X Participation Y N:1,Syndication Remarks: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 Floors o 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!,Listing Contract Date:2024-11-05,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:Appointment Only,Street Number Numeric:2632,Tax Legal Description:28-49-42 S 85 OF N 235 OF E1/2 OF E1/2 OF SE1/4 OF SW1/4 OF NW1/4 & LESS W 25 FOR ROAD R/W,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:4011,M I A M I R E_ Internet Remarks:INVESTOR DREAM: OVER 8% ROI, 50 years certification passed, fully long term 100% rented!,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-11-05,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:244.33,Internet Automated Valuation Display Y N:1,