3775 NW 116th Terrace # 4, Coral Springs FL 33065

$1,239,000

$324/sq ft

$10,000
Price Decreased

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Overview

Year Built

1975

Sqft

3819

Property Type

Quadruplex

Property Description

Fantastic Find!!! Money-Making 4-Plex In The Heart Of West Coral Springs. Grossing $10,250 Per Month With Room To Grow. Four Large 3-Bedroom Units, Strong Rents, Updated Interiors, In-Unit Washers And Dryers, Plenty Of Parking, And A Prime Location Next To A City Park With Beautiful Views. Recent Updates Include Newer Kitchens, Renovated Bathrooms, Laminate Flooring, And Select Units With Granite Counters And Stainless-Steel Appliances. Strong Income-Producing Multifamily Property In One Of Coral Springs' Most Desirable Rental Areas. Annual Expenses Include Taxes: $23368, Water: $4560, Estimated Insurance: $7500, Estimated Lawn: $900. Trash Is Included In Taxes. Total Estimated Expenses Are $36328, Offering Almost A 7 Cap.

Property Details

MLS#

B26039314

Total Floor in Bldg

1

Address

3775 116th NW

City

Coral Springs

State/county

FL

Zip/Postal Code

33065

Area

Castlewood

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$23,368

Maint Fee

$--

Tax Year

2025

Garden

Tennis Court View

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