7710 SW 10th St #1-4 Active Save Request In-Person Tour Request Virtual Tour
North Lauderdale,FL 33068
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,732 sqft
Price per Sqft $200
Subdivision Lauderdale North Park Sec
MLS Listing ID A11844934
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $16,659
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Well-maintained 4-unit multifamily property situated on a 9,017 SF lot in a strong rental pocket. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month in actual rental income, with market rent potential of $7,600/month. The property produces $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, yielding a cap rate of 5.68%. Utilities are shared across all units (not separately metered), keeping operational costs straightforward. With a proven rental history, stable long-term tenants, and clear income growth potential, this asset presents a solid opportunity for investors seeking a cash-flowing property with value-add upside and long-term appreciation. Do not disturb tenants. Showings by appointment only.
Location
State FL
County Broward
Community Lauderdale North Park Sec
Area 3642
Interior
Heating Central
Cooling Ceiling Fan(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494102030330
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11844934