$570,000
$599,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2128-2130 N 14th Ave Hollywood, FL 33020
1,776 SqFt
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,776 sqft
Price per Sqft $320
Subdivision Flamingo Manors
MLS Listing ID A11358279
Sold Date 11/01/23
Construction Status Effective Year Built
HOA Y/N No
Year Built 1973
Annual Tax Amount $8,640
Tax Year 2022
Contingent No Contingencies
Property Description
This 2 unit Duplex building is located in an extremely desirable area within West Hollywood. The physical property consists of 1,967 leasable SF, well situated on a 6,372 sf lot.
he property is currently 100% leased to two month to month tenants. The two 2 bedrooms and 1 Bath apartments are leased for $1,550.00, grossing $37,200 per year. The tenants pay all utilities. After all expenses this property is netting $24,004 per year providing an investor with a 4% actual capitalization rate at full asking price. Month to month tenancy allows investor to raise rent post closing.
Location
State FL
County Broward County
Community Flamingo Manors
Area 3030
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 514210470451
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash
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Bought with Real Estate Boutique of So Fla