$1,499,000

1831-1837 NW 94th Avenue, Coral Springs FL 33071

About This Property

Amazing Find In One Of Coral Springs' Most Desirable Multifamily Locations, Close To Coral Square Mall, Restaurants And Shopping! This 4-Plex Features Four Large 3-Bedroom, 2-Bath Units, Approximately 1,000 SF Each, With Central A/C And In-Unit Washers And Dryers. The Property Also Offers 8 Parking Spaces, A Huge Backyard And No HOA. Strong In-Place Rents Of $2,900 ($2900 just leased 9/1/2026), $2,800 , $2,700 And $2,700 Generate $11,100 Per Month And $133,200 In Annual Gross Rental Income, With Additional Upside Potential. Tenants Pay Electric And Cable. Annual Expenses Include Taxes Of $23,267, Estimated Insurance Of $7,500, Water/Sewer Of $2,160 And Lawn Maintenance Of $1,200, For Total Estimated Annual Expenses Of $34,127. 40 Year Recertification Just Completed.

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