$167,000
$169,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
224 NW 8th Ave Dania Beach, FL 33004
856 SqFt
Key Details
Sold Price $167,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 856 sqft
Price per Sqft $195
Subdivision Town Of Modelo Dania B-49
MLS Listing ID F10120566
Style Duplex
Year Built 1940
Annual Tax Amount $2,306
Tax Year 2017
Property Description
Amazing investment opportunity!2 single family homes on one lot in east Dania!12.5% cap rate!Front unit rented for $1015/month(lease ends 5/30/18),rear unit $762 (lease ends 4/30/19).$1,777 per month=$21,324 annual.Each unit has its own City water line with separate meters and separate FPL meters done with permits. Tenants pay their own water and electricity.Each unit has a modern kitchen & bath with tile throughout.Property rental income is $21k annual gross.Property is currently occupied by tenants.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RD-8000
Interior
Heating Other
Cooling Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Tar & Gravel Roof,Wood Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction, Stucco Exterior Construction, Wood Siding
Sewer Municipal Sewer
Others
Acceptable Financing Cash Only
Listing Terms Cash Only
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Bought with RE/MAX 5 Star Realty