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Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $238
Subdivision Riverside Park 7-24 B
MLS Listing ID F10222027
Sold Date 08/17/20
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1987
Annual Tax Amount $5,609
Tax Year 2019
Property Description
Calling all investors! Cash generating 1800 sqft duplex with 4 beds / 4 baths on about 1/3 Acre perfect for entertaining and pets. $39k in rental income with long term tenants generating $27k in net annual profit (including water, lawn, taxes and insurance) for a 6% cap rate which if leveraged will still put cash in your pocket after paying all expenses and the mortgage. Minutes to all major highways, airport, beach, downtown FTL, Tarpon River Brewing and Riverside Market !
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RD-15
Interior
Heating Central Heat, Electric Heat
Cooling Electric Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition As Is
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Bought with Related ISG International Real