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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 916 sqft
Price per Sqft $262
Subdivision North Hollywood
MLS Listing ID A10848552
Sold Date 07/29/20
Construction Status Resale
HOA Y/N No
Year Built 1946
Annual Tax Amount $4,591
Tax Year 2019
Contingent 3rd Party Approval
Property Description
Two detached, charming, Key West style cottages, 1 BR/1 Bath each, fully rented with annual leases, 1 mile from beach. Huge property can be developed. Fenced yard, with vehicle gates on each side, plenty of parking,(boat RV OK). Great investment with 6% cap rate, ($25K+ Gross rental income). Rear cottage has new roof, new tile, both units recently painted, moderate kitchens, separate water heaters (2012), separate electric meters, one water account, shared laundry, storage shed, new fence (2019). Current owner has kept units rented since 2012 at top market rents. Spirit Airlines opening its headquarters nearby in 2022, with 1200+ employees! Near expanded port/ airport, bus lines, beaches, I-95, short ride to Miami. Great location! 2 small private cottages for duplex price. APPT ONLY
Location
State FL
County Broward County
Community North Hollywood
Area 3020
Direction US 1 South to Dania Beach, south of Dixie, Right on SW 12th St, 3 blocks on left, green privacy fence. DO NOT DISTURB TENANTS. APPOINTMENTS ONLY
Interior
Heating None
Cooling Electric, Wall/Window Unit(s)
Flooring Tile
Window Features Blinds
Exterior
Exterior Feature Fence, Porch, Patio, Shed, Awning(s)
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Porch Open, Patio, Porch
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Frame
Construction Status Resale
Others
Tax ID 514203102510
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Corporate Listing, Listed As-Is
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Bought with Galleria International Realty
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