Overview
Property ID: HZB26097484
- Multi Family, Commercial Sale
- 2836
- 1958
Description
7-unit multifamily building located in Melrose Park. Fully rented long term tenants and all tenants are month to month. Units need updating to kitchens and bathrooms and needs new roof. Perfect value add property or immediate income producer. Buyer can assume 6% mortgage currently held by owner Total Monthly rent: $8, 085 Electric: $680, Water: $300, Trash: $300, Lawn: $100, Property Taxes: $20, 585 Total Yearly rent: $97, 020 Total yearly expenses: $37, 145 ROI: 6.9%
Address
Open on Google Maps- Address 3750 SW 1ST Street
- City Fort Lauderdale
- State/county FL
- Zip/Postal Code 33312
- Area Broward
Details
Updated on November 7, 2026 at 4:59 am- Property ID: HZB26097484
- Price: $869,000
- Property Size: 2836 Sqft
- Land Area: 0.21 Acres
- Garage Size: x x
- Year Built: 1958
- Property Type: Multi Family, Commercial Sale
- Property Status: Active, For Sale
Additional details
- Listing Terms: Assumable, Cash, Conventional
- Roof: Composition, Shingle
- Utilities: Electricity Available, Sewer Available, Water Connected
- Sewer: Public Sewer
- Cooling: Wall/Window Unit(s)
- Heating: Wall Furnace
- Flooring: Tile
- County: Broward
- Property Type: Commercial Sale
- Parking: Assigned, Guest
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