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4231 NW 31st Ave, Lauderdale Lakes, FL 33309

$434,500

  • For Sale
  • Active
  • Multi-Family
  • Updated 9 hours ago
4231 NW 31st Ave, Lauderdale Lakes, FL 33309 View this property at 4231 NW 31st Ave, Lauderdale Lakes, FL 33309
4231 NW 31st Ave Lauderdale Lakes FL 33309

Property Description

Great investment property this 5 unit apartment building is fully rented. Yearly gross income is $48,600.00, with a 8% cap rate. Four of the units are 2/1 and rent for $825.00 one is a 1/1 and rents for $750.00. There is a coin operated washer/dryer on the property. All units have central air and property is located in a beautiful courtyard setting.

Full Property Details for 4231 NW 31st Ave

  • Price: $434,500
  • Taxes: $7,422 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: A10165688
  • Updated: 11/22/2017
  • Added: 401 day(s) ago

Property History

  • 4231 NW 31st Ave, Lauderdale Lakes, FL
  • Increased to $434,500 on 6/28/17
  • Increased to $419,000 on 4/9/17
  • Reduced to $399,000 on 1/30/17
  • Listed at $419,000 on 10/19/16

Rental Information

  • Rent Includes: Lawn Care, Sewer, Trash Removal, Water

Interior

  • Flooring: Ceramic Floor

Location

  • Area: 3550
  • County: Broward County
  • Subdivision: Oriole Estates Sec 8 65-9
  • Driving Directions: 31st Avenue between Oakland and Commercial.

Heating & Cooling

  • Cooling Type: Central Cooling
  • Heating Type: Central Heat

Utilities

  • Sewer: Municipal Sewer
  • Water: Municipal Water
  • Cable Available: Yes

Structural Information

  • Architectural Style: Fourplex
  • Construction: Concrete Block Construction
  • Roof: Shingle Roof
  • Square Feet: 3,534
  • Year Built: 1971

Unit Information

Unit 1

  • Bedrooms: 9
  • Parking: Open Parking

Lot Features

  • Zoning: RM-16
  • Lot Description: Less Than 1/4 Acre Lot

Financial Considerations

  • Tax Amount: $7,422
  • Tax Year: 2015
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: ORIOLE ESTATES SEC 8 65-9 B TRACT C N 75 OF S 300 OF E 118
  • Property ID: 494219152272

Listed by RE/MAX In Motion Inc

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In the Community

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4231 NW 31st Ave, Lauderdale Lakes, FL 33309 (MLS# A10165688) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 4231 NW 31st Ave is currently listed for $434,500 and was received on October 17, 2016. Want to learn more about 4231 NW 31st Ave? Do you have questions about finding other Multi-Family real estate for sale in Lauderdale Lakes? You can browse all Lauderdale Lakes real estate or contact a Coldwell Banker agent to request more information.

Listed by RE/MAX In Motion Inc

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