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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,086 sqft
Price per Sqft $225
Subdivision Ft Lauderdale Estates 76-
MLS Listing ID F10320849
Style Duplex
Year Built 1973
Annual Tax Amount $5,916
Tax Year 2021
Property Description
Fantastic Find!! Updated Duplex With Huge Income Potential. Both Units Are Spacious 2 Bedroom 2 Baths With Washer Dryer Hookups & Large Private Fenced Yards. Perfect For Owner Occupied Or Investor. Lot Is Almost A Quarter Acre With Possible Expansion Opportunities And Or Pool Addition. TENANTS PAY UTILITIES, INCLUDING WATER. Current Rents Are BELOW MARKET. PROJECTED GROSS INCOME Is Around $48,000. Expenses Include Taxes: $5,679 Landscaping: $1200 Insurance: $3,834 Totaling to $10,713. Projected NOI: 37,287. Potential 8% CAP Rate! Property Is LOCATED MINUTES TO THE FAMOUS FT LAUDERDALE BEACHES, WILTON MANORS, MUSEUMS & THEATER! CLICK THE VIRTUAL TOUR LINK TO TAKE A 360 VIRTUAL TOUR OF THE ENTIRE PROPERTY!
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RM-15
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling
Flooring Tile Floors
Exterior
Exterior Feature Open Porch, Room For Pool
Waterfront No
Water Access Y
Roof Type Comp Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Others
Acceptable Financing Cash, Conventional, FHA-Va Approved
Listing Terms Cash, Conventional, FHA-Va Approved
Special Listing Condition As Is
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