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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $285
Subdivision Atlantic Lawns
MLS Listing ID A11215236
Sold Date 08/22/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1995
Annual Tax Amount $9,158
Tax Year 2021
Contingent Pending Inspections
Property Description
LOCATION LOCATION LOCATION. East of US1 a Great investment opportunity in an area of Hallandale Beach that is trending upwards. A unique residential income producing property now rented as a 2 Bedroom 2 Bath unit on one side and the other side is vacant, a one car garage on each side, hook up for a shared washer and dryer in the rear. Room to park 6-8 cars and there is a backyard as well. It is actually set up to be a Quadraplex because there is a second kitchen on each side but the previous owner rented it as a Duplex. Current Tenant is on a month to month. Potential income as a 4plex can bring in estimated $6600 per mo. or more if used as an Air B n' B, creating a decent Cap Rate for an Investor. Close to beaches, casino, racetrack, Aventura Mall, restaurants, airport and major highways.
Location
State FL
County Broward County
Community Atlantic Lawns
Area 3040
Direction US1 NORTH OF HALLANDALE BEACH BLVD TO NE 3rd STREET TAKE A LEFT, PROPERTY IS ONE BLOCK DOWN ON THE SW CORNER
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Wood
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 8
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 514227250060
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with United Realty Group Inc
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