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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,796 sqft
Price per Sqft $347
Subdivision Placido Place
MLS Listing ID A11244196
Sold Date 11/04/22
Construction Status Resale
HOA Y/N No
Year Built 1966
Annual Tax Amount $6,369
Tax Year 2021
Contingent Pending Inspections
Property Description
Approximately a 6% cap plus rents on the rise. 2 separate Large 2 unit Duplexes side by side at 15 and 19 NE 16th St - separate listings, must sell at the same time - each is listed at $649,500. Each building has just remodeled 2/2 and 2/1 units with separate laundry rooms, water meters and separate fenced yards. All tiled, each unit has quality single family home feel for premium rents. Roofs replaced in 2005. Address is NORTHEAST 16th but is half block to the WEST side of Andrews based on Old Andrews Ave years ago. Great location, walk to parks, schools, Wilton Manors shopping and dining. Minimum expenses.
Location
State FL
County Broward County
Community Placido Place
Area 3370
Direction Driving Directions: Andrews Ave to NE 16th St. Address is NORTHEAST 16th but is on the WEST side of Andrews half a block from Andrews Ave. Old Andrews Ave was used to designate the compass address years ago.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Exterior
Exterior Feature Fence
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 1
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494234190030
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Cash
Special Listing Condition Listed As-Is
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Bought with London Foster Realty