179 40th Ct,Detached, Triplex, Prospect Gardens

179 40th Ct, Oakland Park, Florida, 33309

Price $505,000.00

• Lot size 3780
• Year Build 1962
• Waterfront
• Zip 33309
• Style Detached
• Parking Description
• Pool Yes
• Status Pending

Description

INVESTORS, MUST SEE TRIPLEX WITH TREMENDOUS UPSIDE POTENTIAL! This property has currently a whopping 8 bedrooms and 4 bathrooms and can easily be converted into a fourplex (see floor plans in pictures). Fully rented, income-producing property. Largest on its market today at approximately 3652SF, 9 beds and 4 baths. Rented to excellent tenant as two XL units and producing $4400 in monthly net income - Tenant pays all utilities including water, electricity, and lawn care. New owner can keep as is or divide into 3 or even 4 units in the future to further increase income. Don't miss this opportunity. See broker remarks for more info and instructions.

Property was bank appraised for $515,000. Excellent tenants with one year lease - This is a great opportunity for your buyers/investors to have instant equity and steady income. Please do not disturb the tenants. Showings will be granted to serious buyers with proof of funds/Bank Letter and offer. Buyer to drive by before placing offer and requesting a showing. Request for showings must include bank pre-approval or proof of cash funds. No exceptions

PROSPECT GARDENS 22-26 B LOT 20 W 60 BLK 9

Less Than 1/4 Acre Lot

INVESTORS, MUST SEE TRIPLEX WITH TREMENDOUS UPSIDE POTENTIAL! This property has currently a whopping 8 bedrooms and 4 bathrooms and can easily be converted into a fourplex (see floor plans in pictures). Fully rented, income-producing property. Largest on its market today at approximately 3652SF, 9 beds and 4 baths. Rented to excellent tenant as two XL units and producing $4400 in monthly net income - Tenant pays all utilities including water, electricity, and lawn care. New owner can keep as is or divide into 3 or even 4 units in the future to further increase income. Don't miss this opportunity. See broker remarks for more info and instructions.

City:Oakland Park,Zoning:RM-16,List A O R:A-Miami Association of REALTORS,Tax Year:2018,Latitude:26.1768675,Malone Id:2094246377,Cooling Y N:1,Heating Y N:1,List Price:505000,Listing Id:A10903201,Longitude:-80.1477865,Mls Status:Pending,Year Built:1962,Directions:Please use GPS.,Postal Code:33309,Street Name:40th Ct,Contingency:No Contingencies,Coordinates:1:26.1768675,Photos Count:17,Building Name:PROSPECT GARDENS,Days On Market:150,Listing Terms:1:Cash,2:Conventional,3:Exchange,4:Other Terms,Lot Size Units:Square Feet,M L S Area Major:Prospect Gardens,On Market Date:2020-08-01,Parcel Number:494222082200,Parking Total:5,Property Type:Residential Income,Stories Total:1,Street Number:179,M I A M I R E_ Style:Triplex,Off Market Date:2021-02-26,Public Remarks:INVESTORS, MUST SEE TRIPLEX WITH TREMENDOUS UPSIDE POTENTIAL! This property has currently a whopping 8 bedrooms and 4 bathrooms and can easily be converted into a fourplex (see floor plans in pictures). Fully rented, income-producing property. Largest on its market today at approximately 3652SF, 9 beds and 4 baths. Rented to excellent tenant as two XL units and producing $4400 in monthly net income - Tenant pays all utilities including water, electricity, and lawn care. New owner can keep as is or divide into 3 or even 4 units in the future to further increase income. Don't miss this opportunity. See broker remarks for more info and instructions.,County Or Parish:Broward County,Expiration Date:2024-02-01,Private Remarks:Property was bank appraised for $515,000. Excellent tenants with one year lease - This is a great opportunity for your buyers/investors to have instant equity and steady income. Please do not disturb the tenants. Showings will be granted to serious buyers with proof of funds/Bank Letter and offer. Buyer to drive by before placing offer and requesting a showing. Request for showings must include bank pre-approval or proof of cash funds. No exceptions,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:5230,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:PROSPECT GARDENS,Tax Annual Amount:5439,Total Actual Rent:48000,Unparsed Address:179 NW 40th Ct, Oakland Park FL 33309,Listing Agreement:Exclusive Right To Sell,Operating Expense:5989,Year Built Details:Unknown,Building Area Total:3780,Building Area Units:Square Feet,Lot Size Square Feet:3780,M I A M I R E_ L P Amt Sq Ft:143.483,Original List Price:524000,Previous List Price:515000,Public Survey Range:49,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Net Operating Income:42011,Number Of Units Total:3,Syndication Remarks:INVESTORS, MUST SEE TRIPLEX WITH TREMENDOUS UPSIDE POTENTIAL! This property has currently a whopping 8 bedrooms and 4 bathrooms and can easily be converted into a fourplex (see floor plans in pictures). Fully rented, income-producing property. Largest on its market today at approximately 3652SF, 9 beds and 4 baths. Rented to excellent tenant as two XL units and producing $4400 in monthly net income - Tenant pays all utilities including water, electricity, and lawn care. New owner can keep as is or divide into 3 or even 4 units in the future to further increase income. Don't miss this opportunity. See broker remarks for more info and instructions.,Listing Contract Date:2020-08-01,Originating System I D:miamire,Public Survey Section:22,Showing Instructions:Appointment Only,See Broker Remarks,Street Number Numeric:179,Tax Legal Description:PROSPECT GARDENS 22-26 B LOT 20 W 60 BLK 9,Public Survey Township:49,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$1,M I A M I R E_ Adjusted Area S F:3780,Contract Status Change Date:2021-02-26,Internet Address Display Y N:1,Number Of Units In Community:2,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,