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Key Details
Sold Price $1,080,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,039 sqft
Price per Sqft $355
Subdivision Hallandale Park No 3 6-7
MLS Listing ID A11259627
Sold Date 02/15/23
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $11,870
Tax Year 2021
Contingent No Contingencies
Property Description
INVESTORS DREAM! GREAT INCOME PRODUCER IN AN AMAZING LOCATION! FANTASTIC 4-PLEX FULLY LEASED. THIS 4 UNIT MULTI-FAMILY HAS GREAT CASH FLOW AND TENANTS-RENT ROLL BELOW ALTHOUGH TO BE RAISED SOON. ALL UNITS HAVE CENTRAL A/C AND SEPARATE ELECTIC METERS. $85,800 IN GROSS ANNUAL INCOME - $8,350 A MONTH NOW - AFTER INCREASES WILL BE HIGHER OR A POSSIBILITY TO OPERATE AS AIRBNB FOR HIGHER RETURNS. PROPERTY IS IN EXCELLENT SHAPE! IF YOU ARE SHOPPING IN THIS MARKET, YOU KNOW THAT GETTING THIS CASH FLOW WITH LITTLE UPKEEEP & UTILITIES IS RARE. BEST LOCATION BY GULFSTREAM PARK, NEAR BEACHES, AVENTURA MALL, HOSPITAL, SHOPS, & SUPERMARKETS, LOTS OF NEW PROJECTS COMING IN BOOMING AREA. HIGH VALUATION! CAN ONLY BE SHOWN WITH EXECUTED CONTRACT! DRIVE BY IS OK BUT DO NOT DISTURB THE TENANTS!
Location
State FL
County Broward County
Community Hallandale Park No 3 6-7
Area 3040
Direction LOCATION. LOCATION. LOCATION, NEAR GULFSTREAM, AVENTURA MALL, SHOPS, RESTAURANTS, GREAT SCHOOLS, PARKS & BEACHES & 2 INTERNATIONAL AIRPORTS
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514227160410
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Grand State Realty
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