• Asking Price $550,000
  • Estimated Value: $372,890
  • 1960 W US 90 MADISON, FL 32340

  • 15 Beds 1.2 Baths
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 1960 W US 90, MADISON, FL 32340

Features

  • Total Units: 4
  • Total Rooms: 10
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • Stories: 100
  • Roof Type: Composition Shingle
  • Heating: Forced air unit
  • Construction Type: Frame
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1995
  • Property ID: 867539819
  • MLS Number: A11620181
  • Parcel Number: 17-1N-09-3571-002-001
  • Property Type: Multi-family (5 or more units)
  • County: Other Florida
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 10 CAP w/ Huge UpsidennThree manufactured triplexs and a CBS are on one acre of the property, leaving 4+ acres available to add more rentable units. Zoned, as of right to build up to 1 home per acre, with no max size limits.nnFolio also includes 127 SW MEETING AVE., a 1552 sq/ft two story duplex on a 0.058 acre lot.nnMonthly Gross = $6,737. Tenants pay utilities; Owner pays landscaping. No vacancies.nnUnits are cash flowing and can be renovated to increase returns. 2700 sq/ft CBS building zoned as daycare daycare rented well below market rates can be converted into another triplex. nTenants supply ALL appliances. Easy maintenance!nnHuge Upside; Many opportunities to convert from cash flow to a CASH COW! nnMotivated; Make an offer, wont last long!nnDONT DISTURB TENANTS!

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Property Brokerage: Charles Rutenberg Realty Fort Lauderdale 2201 W Prospect Rd #200 Fort Lauderdale FL 33309
Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.