For sale
  • $1,499,999

    3501 NW 114th Ln, Coral Springs, FL 33065

    12beds
    8baths
    4,464sqft
    : 
    Quadruplex
    Built in 1988
    -- sqft lot
    $1,389,300 Zestimate®
    $336/sqft
    $-- HOA

    What's special

    Ample parkingIn-unit laundry
    Rare opportunity to own a 4-unit property in the heart of Coral Springs. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry, and ample parking. No HOA. The property is approved for housing vouchers, providing stable rental income of $10,796 for all units. Gross income is $129,552/year with estimated expenses of $37,000, this offers a strong 6.17% cap rate. Market rents are around $2,800/month, pushing the potential cap rate to 6.49%. Conveniently located near Costco, Coral Square Mall, Sawgrass Mills, and just 2 minutes from the Sawgrass Expressway.
    105 days
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    378
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    31
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