Listed by RPM Luxe Realty
$1,250,000
4341 RiversideDrive #A-D
Details
APN 484114010210
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,964
Units 4
NOI $73,016
Pro-Forma NOI $81,305
Year Built 1973
Buildings 1
Stories 2
Acreage 0.160
Zoning RM-20
Parking Spaces 8 spaces
Parking per 1,000 SqFt 2.02
Multifamily | 4 Units
Marketing description
Exceptional 4-unit multifamily property in the heart of Coral Springs, featuring 4 spacious 2-bedroom, 2-bath residences, 8 private parking spaces, on-site laundry, strong in-place income, and outstanding long-term rental upside. The property currently generates $103,200 in annual gross income, with the potential to increase gross income to approximately $113,400. Recent upgrades include brand-new stainless steel appliances , updated kitchen cabinetry, fresh interior paint, updated air handlers, and select units featuring 20x20 white porcelain flooring, new closet doors. Each residence offers a desirable split-bedroom floor plan, covered private patio, and separate electric meters. An outstanding investment opportunity offering stable cash flow with upside.
Listing Contacts
Listed by RPM Luxe Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,016.00
$6,084.67/mo
Valuation Metrics
0
DSCR
5.84%
Cap Rate
5.84%
ROI
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