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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,424 sqft
Price per Sqft $255
Subdivision Hollywood South Side Add
MLS Listing ID F10317386
Sold Date 09/30/22
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1948
Annual Tax Amount $8,182
Tax Year 2021
Property Description
Looking For An Investment Property In An Amazing Location? Look No Further! Located East Of Federal Hwy, This Corner Lot Triplex Is Minutes To The Beach, Young Circle, I-95 & Aventura. Making This Property Ideal For A Possible Air BnB Or Annual Rentals. Units Consist Of Two Spacious 2 Bedroom 1 Bath & One Large Studio. 2 Bedroom Units Include Washer/Dryer Area & Screened Patio. Each Unit Has It's Own Electric Meter. PROPERTY IS IN NEED OF REPAIR. THIS IS NOT A TURNKEY PROPERTY. FINANCING MAY REQUIRE CASH OR HARD MONEY. Projected Annual Gross Income $52,800 Annual Expenses: $17,054. Expenses Include Taxes: $7,854 Landscaping: $360 Estimated Insurance: $7,000 Water: $2040 Trash: $1800. NOI: $33,746. DON'T MISS OUT ON THIS AMAZING OPPORTUNITY!
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RM-12
Interior
Heating Central Heat
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Carpeted Floors, Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Curved/S-Tile Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction, Frame Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Blue Realty Team, LLC
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John Maybin
Agent Team Leader | License ID: 3486929 Active
Agent Team Leader License ID: 3486929 Active