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    4020 Riverside Drive , 1-4

    Coral Springs, FL 33065
    • $800,000
    • STATUS: Active
    • ON SITE: 31 Days
    • ID#: RX-10746854
    UPDATED: 26 min ago
    $800,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,915
      SQFT
    • $274
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    The property consists of 4 units. 1-2 bedroom 1 bath & 3-1 bedroom 1 baths. Property is fully leased with all tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are occupied but are in need of updating to the kitchen, bathrooms, and flooring. Property is located directly on Riverside drive with great visibility and access. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer. Cash offers are highly preferred. Please inquire for further details on the process to place a bid. FLYER IN DOCUMENTS TAB. DO NOT DISTURB TENANTS. PROOF OF FUND REQUIRED

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    www.thefabbrigroup.com/homes/121608466
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    4020 Riverside Drive , 1-4 Coral Springs, FL 33065

    • Price: $800,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: RX-10746854
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,915
    SQFT
    $274
    $/SQFT
    1972
    Built
    Neighborhood:
    Coral Springs Sub 1
    County:
    Broward
    Area:
    Coral Springs
    Property Description
    The property consists of 4 units. 1-2 bedroom 1 bath & 3-1 bedroom 1 baths. Property is fully leased with all tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are occupied but are in need of updating to the kitchen, bathrooms, and flooring. Property is located directly on Riverside drive with great visibility and access. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer. Cash offers are highly preferred. Please inquire for further details on the process to place a bid. FLYER IN DOCUMENTS TAB. DO NOT DISTURB TENANTS. PROOF OF FUND REQUIRED
    Exterior Features

    Carport Spaces 0.00 Construction BlockConcrete Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Barrel Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Flooring Tile Heating Central Unit1 Bedrooms 2 Unit1 Desc Electric Meter Unit1 Full Baths 1 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 729 Unit2 Bedrooms 1 Unit2 Desc Electric Meter Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 729 Unit3 Bedrooms 1 Unit3 Desc Electric Meter Unit3 Full Baths 1 Unit3 Half Baths 0 Unit3 Sq Ft 729 Unit4 Bedrooms 1 Unit4 Desc Electric Meter Unit4 Full Baths 1 Unit4 Half Baths 0 Unit4 Sq Ft 729

    Property Features

    Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Available Info Leases Built Desc Resale Gross Operating Income 48600.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes Common R.E. TaxElectricLawn CareSewerTrash Removal Multifamily Type Quad Plex Possession At ClosingFunding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses LimitedOther Sq Ft Total 2915.00 Subdivision Amenities None Tax Amount 11013.60 Tax Year 2020 Taxes No Homestead Tenant Pays Electric Terms Considered CashConventional Unit1 Monthly Income 1150.00 Unit2 Monthly Income 975.00 Unit3 Monthly Income 950.00 Unit4 Monthly Income 975.00 Utilities Public SewerPublic Water Zoning Rm-20

    Listing provided courtesy of Local Real Estate Co. Listing information © 2021 BeachesMLS
     
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