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4450 Coral Springs Drive

Coral Springs, FL 33065
  • $550,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • ID#: RX-10746944
Under Contract
UPDATED: 18 min ago
$550,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,201
    SQFT
  • $172
    $/SQFT
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

The property consists of 2 units. 2 - 3 bedrooms 2 baths. Property is fully leased with both tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. Both units are occupied but minor improvements are needed. Property is located directly on coral springs 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 ATTACHED TO DOCUMENTS TAB. DO NOT DISTURB TENANTS OR GO ON THE PROPERTY WITHOUT LISTING AGENT. PROOF OF FUND/PRE-APPROVAL REQUIRED WITH OFFER

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www.doyouneedahome.com/homes/121626733
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4450 Coral Springs Drive Coral Springs, FL 33065

  • Price: $550,000
  • Status: Active Under Contract
  • Updated: 18 min ago
  • ID#: RX-10746944
0
Beds
0
Baths
0
½ Baths
0.25
Acres
3,201
SQFT
$172
$/SQFT
1973
Built
Neighborhood:
Chevy Chase Amd Plat Of Blks A Thru G
County:
Broward
Area:
Coral Springs
Property Description
The property consists of 2 units. 2 - 3 bedrooms 2 baths. Property is fully leased with both tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. Both units are occupied but minor improvements are needed. Property is located directly on coral springs 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 ATTACHED TO DOCUMENTS TAB. DO NOT DISTURB TENANTS OR GO ON THE PROPERTY WITHOUT LISTING AGENT. PROOF OF FUND/PRE-APPROVAL REQUIRED WITH OFFER
Exterior Features

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

Interior Features

Cooling Other Flooring Tile Heating Other Unit1 Bedrooms 3 Unit1 Desc Electric Meter Unit1 Full Baths 2 Unit1 Furnished No Unit1 Half Baths 0 Unit1 Sq Ft 1600 Unit2 Bedrooms 3 Unit2 Desc Electric Meter Unit2 Full Baths 2 Unit2 Furnished No Unit2 Half Baths 0 Unit2 Sq Ft 1600 Unit3 Sq Ft 0 Unit4 Sq Ft 0

Property Features

Annual Net Operating Income 38400.00 Annual Total Expenses 0.00 Available Info None Built Desc Resale Contingent Active Under Contract Contingents Financing Gross Operating Income 38400.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes None Multifamily Type Duplex 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 3201.00 Subdivision Amenities None Tax Amount 9090.91 Tax Year 2020 Taxes No Homestead Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 1350.00 Unit2 Monthly Income 1850.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities Public SewerPublic Water Zoning Rd-8

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