Lang Realty Boca Raton
Listed by Lang Realty Boca Raton
$1,269,500
4115 Riverside Drive # 5 #1-5
Details
APN 484114011370
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,852
Units 4
NOI $73,900
Year Built 1969
Acreage 0.250
Zoning RM-20
Multifamily | 4 Units
Marketing description
A 5 UNIT APT BUILDING. The information listed, including, sq/fr, taxes, income, insurance, expenses and others, are estimated, and thefore not guaranteed.
A one of a kind 5 PLEX, consisting of 2 units of 2/1's and 3 untis of 1/1's. All units have been renovated. The building is 100% leased with a mix of month to month and annual leases.
The building is zoned for AirBnB per the city of Coral Springs.
Gross income: $100,200 (including community laundry)
Expenses: $28,000 aprox. WIth a NOI over $73,900k. Producing a CAP of over 5.8%.
NOT CONTIGENT TO APPRAISAL.
Listing Contacts
Lang Realty Boca Raton
Listed by Lang Realty Boca Raton
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,900.00
$6,158.33/mo
Valuation Metrics
0
DSCR
5.82%
Cap Rate
5.82%
ROI
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