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Key Details
Sold Price $398,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,942 sqft
Price per Sqft $204
Subdivision Hillmont Hgts Rev & Add
MLS Listing ID A11219156
Sold Date 07/07/22
Construction Status Effective Year Built
HOA Y/N No
Year Built 1970
Annual Tax Amount $6,650
Tax Year 2021
Contingent 3rd Party Approval
Property Description
Rare Rental Income Opportunity. Here is an opportunity to own a rarely available triplex in an up-and-coming area. These 1 bed 1 bath triplex units are spacious. Perfect For Investors. TENANTS PAY UTILITIES ON THREE SEPARATE ELECTRICAL METERS, OWNER PAYS FOR WATER. NEW ELECTRICAL Current Rents Are BELOW MARKET. CURRENT GROSS INCOME Is $32,400 POTENTIAL GROSS INCOME is $43,200. Expenses Include Taxes: $6,650.45 Water: $1,080/yr Insurance: $3000/yr Totaling $10,730.45. Proj. NOI: 32,469.55. Property Is LOCATED EAST OF I95, CLOSE TO MILLS POND PARK, CLOSE TO DOWNTOWN FT LAUD, 13 MINS FRM FT LAUD BEACH, and DINING. Schedule appointment with listing agent for SHOWINGS. SHOWING DATES ARE FRI: 4:30-5:30pm, SATURDAY 10am-12pm & SUNDAY 3pm-5pm. THE SELLER WILL REVIEW ALL OFFERS MONDAY, 6-13-2022.
Location
State FL
County Broward County
Community Hillmont Hgts Rev & Add
Area 3390
Direction Please use GPS
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 494228030016
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Lifestyle International Realty
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