About 637 Nw 15 Ter
ATTENTION TO ALL INVESTORS looking for a turn key multifamily with solid tenants and great returns. This property consist of 8 legal units, all units have separate FPL meters and one water meter. The property went through an intensive permitted renovation, brand new electrical system, plumbing, sprinkler system, driveway, landscaping and interior remodeling, hurricane shutters in all windows, both roof were done in 2016. Currently collecting $11,631/month with potential to increase it to $12,600 at renewal (two tenants already renewed at $1,575/month). One parking space per unit. Please do not bother tenants. Serious inquiries only!
Features of 637 Nw 15 Ter
| MLS® # | A11514090 |
|---|---|
| Price | $1,580,000 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active Under Contract |
Community Information
| Address | 637 Nw 15 Ter |
|---|---|
| Area | 3460 |
| Subdivision | Riverbend |
| City | Fort Lauderdale |
| County | Broward County |
| State | FL |
| Zip Code | 33311 |
Amenities
| Utilities | Cable Not Available |
|---|---|
| # of Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Tile, Vinyl |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Flat, Tile |
|---|---|
| Construction | Block |
| Lot Features | < 1/4 Acre |
| Sewer | Other |
Additional Information
| Date Listed | January 13th, 2024 |
|---|---|
| Days on Market | 124 |
| Zoning Description | unknown |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Gardener,TrashCollection,Water |
| Year Built Details | Resale |
| Tax Annual Amount | $13,753 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2.5% |
Unit 1 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,575 |
| Features | Parking:Space |
| Leased | Yes |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,450 |
| Features | Parking:Space |
| Leased | Yes |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,428 |
| Features | Parking:Space |
| Leased | Yes |
Unit 4 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
| Rent | $1,400 |
| Features | Parking:Space |
| Leased | Yes |
Listing Details
| Office | Jade International Realty LLC |
|---|