$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
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
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