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Key Details
Sold Price $355,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,233 sqft
Price per Sqft $287
Subdivision Hallandale Park No 3 6-7
MLS Listing ID A11009411
Sold Date 01/25/22
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $3,437
Tax Year 2020
Contingent No Contingencies
Property Description
Super Super Deal, Just $390,000 for this Beautiful 2 units DUPLEX BUILDING, in one the most desirable destination of Hallandale Beach, Incredible Deal, this Building is 1,233 sf and the Land is 4,040 sf. Great Deal.
Income: Apt. No.1 (1 Bed/1 Bat + Den) paid $875.00 per month and Apt. No. 2 (1Bed/1Bath) paid $850.00.
Current Income is= $875.00 + $850.00 = $1,725.00 X 12 months = $20,700.00
TOTAL INCOME= $20,700.00/year
Expenses:
Property Taxes 2020 = $3,436.73/year
Insurance = $2,700.00 /year
Landscaping = $1,440.00 /year
Total Expenses= $7,576.73
NET OPERATING INCOME= $13,123.27
MARKET RENT SHOLD BE: APT. #1(1Bed/1Bath + Den) for $1,400/month and Apt. #2 (1Bed/1Bath) for $1,200.00. Each Apartments have there own electrical meter and water meter.
Tenants are month to month
Location
State FL
County Broward County
Community Hallandale Park No 3 6-7
Area 3040
Direction GPS
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Total Parking Spaces 3
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Other
Construction Status Resale
Others
Tax ID 514227160620
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with The Keyes Company