About This Property

Fully leased and income-producing triplex in highly desirable Coral Springs. Excellent opportunity for an investor seeking immediate cash flow in a strong rental market. Property is fully occupied and generates approximately $72,000 in gross annual rent. Estimated total landlord expenses including taxes are approximately $20,000 annually, producing an estimated Net Operating Income of approximately $52,000. Based on an estimated market value of $900,000, this property offers an approximate 5.8% cap rate.Each unit enjoys on-site parking, private yard space, and the property backs up to a canal, offering added privacy and appeal for long-term tenant retention. Located in a sought-after residential community near shopping, major roadways, parks, and schools. Strong demand area with consistent rental history. This is a turn-key multifamily asset offering dependable performance and long-term appreciation potential. Investors only; do not disturb tenants. Showings by appointment only.

Key Features

• Built in 1973

Property Details

• Type: Single Family Home
• Year Built: 1973
• Sq Ft: 2,513
• Price / Sq Ft: $358
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1973
• Status: Active
• MLS Number: 1149855141
• Days on Market: 151
• Listed By: MLS Listing
• Zip Code: 33065