UNIQUE Investment opportunity to own the ONLY multi family unit in a sought-after residential neighborhood. Unit 1 is a 2/1 with kitchen/dining/living room. Unit 2 & 3 are efficiencies with their own bathrooms. Unit 2 can be made into a 1/1. Potential to make an addition to Unit 3.
Enjoy the benefits of being in a tranquil neighborhood while still being close to vibrant downtown and the beaches. Large fenced in backyard with ample parking. One Long term tenant for all 3 units with a great income of $3,200 monthly (roughly 9% return) (potential for increase to $3,500). All utilities are paid by tenant. Only one water and electric meter. Laundry room in rear (potential for extra income).
DO NOT DISTURB TENANTS. See Brokers remark for showing instructions.
3380 NW 8th Pl, Lauderhill, FL, 33311
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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