Bought with United Realty Group, Inc
$680,000
$725,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
2,559 SqFt
SOLD DATE : 12/24/2020
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,559 sqft
Price per Sqft $265
Subdivision The Cove/Downtown Deerfield Beach
MLS Listing ID RX-10644255
Sold Date 12/24/20
Construction Status Resale
HOA Y/N No
Year Built 1965
Annual Tax Amount $7,571
Tax Year 2019
Property Description
EXCELLENT LOCATION! WALK TO BEACH! Near Downtown Deerfield Beach! Excellent potential! Fantastic neighborhood! Nice quiet street in THE COVE. Rents below market! Same tenants for many years some over 10-20+ yrs. 100% occupied. Gross income currently $4,700/mo. Expenses are water, sewer, trash, electric, lawn $425/month plus taxes & insurance. Roughly 2,559sf of living (under-air) space. 4 electric meters & 1 water meter. Please do not disturb tenants. Metal roof about 5 years old. Fully leased! 8 parking spaces! Same owner since 1999! Call for more info. BUYER CAN PURCHASE 2 MORE BLDG'S IN THE COVE (SAME OWNER) ALL WALKING DISTANCE: MLS# RX-10650640 (1214 SE 3RD ST) & RX-10644238 (1419 SE 2ND ST). OWN UP TO 16 UNITS TOTAL IN THE COVE!
Location
State FL
County Broward
Community The Cove/Downtown Deerfield Beach
Area 3212
Zoning MULTI
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Tile
Exterior
Exterior Feature Covered Patio, Open Porch, Shutters, Open Patio
Utilities Available Electric, Public Water, Public Sewer, Cable
Amenities Available Sidewalks, Park, Street Lights
Waterfront Description None
Roof Type Metal
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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