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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,979 sqft
Price per Sqft $202
Subdivision Washington Park 4Th Add
MLS Listing ID A11008057
Sold Date 05/12/21
Construction Status Resale
HOA Y/N No
Year Built 1981
Annual Tax Amount $5,578
Tax Year 2020
Contingent Pending Inspections
Property Description
***GREAT INVESTMENT OPPORTUNITY and/or END USER OPPORTUNITY ** TRIPLEX - 3 SEPARATE ELECTRIC METERS- All units inside are well maintained, Roof is less than 5 years. AC Is less than 5 years old. All units are FULLY RENTED- ALL units are on leases with security deposit. High demand rental area, low vacancy. Easy to rent. The property is generating a GRI of $40,500. Yearly expenses of $11,400.00. Tenant pays electric. NOI $29,100. 7 CAP RATE. END USER OPPORTUNITY AVAILABLE- Occupy the 1/1 unit and be your own landlord- COLLECT RENT , FHA WELCOME. All units are spacious- Very well maintained building, great tenants, great location! Please do not disturb the tenants.. Please call me for more information. Showing and access upon accepted offer- NO exceptions.
Location
State FL
County Broward County
Community Washington Park 4Th Add
Area 3560
Direction GOOGLE MAPS
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Other, Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494232015510
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Green Realty Properties Inc.
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