$254,000
$260,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
1,450 SqFt
SOLD DATE : 10/04/2017
Key Details
Sold Price $254,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $175
Subdivision Marbar Estates 43-12 B
MLS Listing ID F10068936
Sold Date 10/04/17
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $3,218
Tax Year 2016
Property Description
Great Find! Hollywood Duplex East of US! Minutes to the beach and shopping. Both Units are 2 Bedroom 1 Bath, tile floors, Unit 1 has been updated with a newer kitchen, paint and carpet. Building has a newer roof. Current rents are below market. Market rents are around $1300 each. Unit 1 is rented for $950, Unit 2 is rented for $1,000. Gross Income: $23400. Expenses Include Taxes: $3,218 Lawn: $720 Insurance: $4,000 Water: $1,200. Total Expenses: $9,138. NOI is $14,262. Potential Cap could be 8.5%
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RM-12
Interior
Heating No Heat
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional, FHA, FHA-Va Approved
Listing Terms Conventional, FHA, FHA-Va Approved
Special Listing Condition As Is
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