$495,000
$499,999
1.0%For more information regarding the value of a property, please contact us for a free consultation.
2,673 SqFt
SOLD DATE : 04/25/2017
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,673 sqft
Price per Sqft $185
Subdivision Gracewood 5 29-14 B
MLS Listing ID F10055752
Sold Date 04/25/17
Style Fourplex
Construction Status Resale
HOA Y/N Yes
Total Fin. Sqft 6671
Year Built 1961
Annual Tax Amount $6,074
Tax Year 2016
Property Description
Amazing Investment Opportunity in Hollywood. Two Duplexes (4 studio apartments) and a 2 Bed 1 Bath Single Family Home on two separate lots. Rents are Below Market with room to grow. All Units Have Separate Electric Meters, kitchens and bathrooms. Annual Estimated Gross Income: $50,100. Annual Expenses Include Taxes:$6074 Lawn:$1200 Insurance:$3000 Utilities:$2,076 Trash:$1500 Pest Control: $900 (Total Annual Expenses:$14,750). Estimated Cap is 7% with Potential Cap of 8% Make an Offer Today!
Location
State FL
County Broward County
Area Hollywood Central (3070-3100)
Zoning RM-9
Interior
Heating Central Heat, Window/Wall
Cooling Central Cooling, Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Other Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Other Construction
Sewer Septic Tank
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Get More Information