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Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,974 sqft
Price per Sqft $147
Subdivision Coral Spgs Sub 1 59-30 B
MLS Listing ID F10169708
Sold Date 07/26/19
Style Duplex
Construction Status New Construction
HOA Y/N No
Year Built 1971
Annual Tax Amount $8,539
Tax Year 2018
Property Description
Great opportunity in Coral Springs, qualifies for FHA with 3.5% down! Massive duplex with 3 Bedrooms & 2.5 Bathrooms on each side. Live on one side and rent the other or keep it as an investment property with 5.5% cap rate as it stands right now. Rents are 15% below market value and tenants are on a month to month basis. So, there is plenty of room for adding value after closing.
Updated kitchens & baths, stainless appliances, washer-dryer in each unit, impact windows on one side, one car garage and an ample driveway big enough for 3 cars on each side, back yard for kids to play and located within walking distance to Publix at Riverside, Pride Promoters Park and all the restaurants/amenities on Wiles Rd. Perfect location, quiet street but close to everything.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RD-8
Interior
Heating Central Heat
Cooling Central Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Barrel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status New Construction
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with The Keyes Company