$330,000
$350,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1,270 SqFt
SOLD DATE : 01/21/2020
Key Details
Sold Price $330,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,270 sqft
Price per Sqft $259
Subdivision Resub Of Highland Estates
MLS Listing ID F10201315
Sold Date 01/21/20
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $5,670
Tax Year 2018
Property Description
GREAT INVESTMENT OPPORTUNITY: 8% CAP RATE- 3 UNITS- Fully rented- ANNUAL RENT $40,320- ANNUAL EXPENSES +- $12,320. (Unit 1- 2bd/2bt w/ private yard- $1,550 monthly rent/ 12 month lease until Feb 2020) (Unit 2- 1bd/1bt - $960.00 Monthly/ 12 month lease until Sept 2020 ) (Unit 3- Studio- $850.00 Monthly/ 12 Month lease until 2020 advanced pay until May 2020)
Shared Laundry off all units. 1 Parking space per room + a guest spot(5 spaces). Unit 1 and Unit 3 share one electric meter and unit 2 has its own. SHOWINGS ONLY UPON ACCEPTED OFFERS- DRIVE By's OK.
Property is walking distance to Wilton Drive.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-16
Interior
Heating Central Heat, Window/Wall
Cooling Central Cooling, Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Exterior Feature Deck, Fence, Laundry Facility, Open Porch, Patio
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Cul-De-Sac Lot, Regular Lot
Story 1.0000
Foundation Frame Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Charles Rutenberg Realty Fort Lauderdale
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "