$725,000
$725,000
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2,215 SqFt
SOLD DATE : 04/14/2025
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,215 sqft
Price per Sqft $327
Subdivision Fern Sub No One
MLS Listing ID A11714529
Sold Date 04/14/25
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $12,995
Tax Year 2024
Contingent Other
Property Sub-Type Triplex
Property Description
Rare, turn-key, income-producing Tri-Plex in Lauderhill *FULLY LEASED* with $67,800 annual gross rent & $5,650/mo. Each unit has been significantly & tastefully upgraded within the past year. All units are equipped with HURRICANE IMPACT WINDOWS & Central AC. NEW appliances & fixtures throughout. Separate meters (3 water meters, 4 electric meters). Laundry facility on premises for convenience. All annual leases with tenants qualified by background check—no felonies, no evictions, minimum 620 credit, and income at least 2.5 x rent and mandatory renter's insurance. The landlord holds 2 months' security for each unit, except for Unit 1, which has 1 month. — Six plus parking spaces. All units are occupied, and the photos are less than a year old, taken when the units were remodeled.
Location
State FL
County Broward
Community Fern Sub No One
Area 3750
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Laminate, Tile
Window Features Impact Glass
Exterior
Exterior Feature Fence, Fruit Trees, Security/High Impact Doors, Lighting
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494135062080
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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1159 ROYAL PALM BEACH BLVD, ROYAL PALM BEACH, Florida, 33411, USA