Property Description

Fantastic Investment Opportunity In The Heart Of Coral Springs! Beautifully Updated Fourplex Situated On An Oversized Waterfront Lot Of More Than Half An Acre! All Four Units Feature 3 Bedrooms, 2 Bathrooms, Updated Kitchens And Bathrooms, And Private Patios. Kitchens Feature Granite Countertops, Modern Cabinetry, And Newer Appliances. Additional Features Include Security Cameras, On-Site Laundry Facility, And A Roof Approximately 10 Years Old. Excellent Income-Producing Property With Tremendous Upside Potential! Current Annual Gross Income: $128400. Annual Expenses: Taxes $19399, Insurance $11719, Landscaping $1800, Water $3480, House Electric $1416. Total Annual Expenses: $37814. Current NOI: $90586. Projected Annual Gross Income: $144000. Rare Opportunity To Own A Waterfront Multifamily