$250,000
$300,000
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2,220 SqFt
SOLD DATE : 08/24/2018
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $112
Subdivision Midland 1St Add 40-13 B
MLS Listing ID F10128522
Sold Date 08/24/18
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,507
Tax Year 2017
Property Description
Unique opportunity to own a cash-cow duplex in a booming area! Across the street from the new Walmart, Wawa, Planet Fitness, Chipotle and others! New construction all around! Huge units, approx. 1,100 square feet. Each is two beds, one bath, tile floors, updated kitchens. 100% occupied and always easy to rent. Both tenants are current. Each unit rents for $1,250, seller holds security deposits to be transferred to buyer. $6390 in annual expenses (insurance, tax, water) for an outstanding 7.9% Cap Rate!
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RMM-25
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Exterior Feature Exterior Lights
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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