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Property Description
Investors dream with a solid 7.8% gross return, this fully leased 4-Plex in Coral Springs presents an outstanding investment opportunity. The property consists of 4 spacious, tastefully renovated, 3BR/2BA units. All units are separately metered for electricity, with a single water bill shared across the building. Each unit includes its own washer and dryer, providing tenants with added convenience and reducing maintenance for ownership.Located in a quiet, residential area of Coral Springs, this turn-key multifamily asset offers stable cash flow and strong rental demand.
Overview
Property Type
Residential
Location
11500 NW 42nd Street 1-4, Coral Springs, FL 33065
MLS ID
R11088835
Listing Last Updated
5/8/2025 1:41 PM
Property Features & Amenities
Interior
Total Bedrooms
0
Flooring
Tile
Exterior
Stories
2
Water Source
Public
Utilites
Cable Available, Sewer Available, Water Available
Pool
None
Roof
Spanish Tile, Tile
Lot Features
Sprinklers Automatic, 1/4 Acre
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Details
Neighborhood
Coral Springs
Financial
Price
$1,400,000
Real Estate Tax
$21,761/yr