$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
Sold Date 10/15/18
Style Duplex
Construction Status Resale
HOA Y/N No
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
Water Access N
Roof Type Tar & Gravel Roof,Wood Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction, Stucco Exterior Construction, Wood Siding
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash Only
Listing Terms Cash Only
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Bought with RE/MAX 5 Star Realty