Price$570,000
Beds
0Baths
1,992Sf
Listing IDA11358250
StatusPending
CountyBroward County
SubdivisionPOINSETTA PARK
Year Built1961
Property TypeResidential Income
Property Sub TypeDuplex
This 2 unit property is located in desirable area of East Hollywood. The physical property consists of 1,992 leasable SF, well situated on a 5,597 sf lot. The property is currently 100% leased to 2 month to month tenants. Both units are leased at $1,560 per month. The property is grossing $37,400 per year. The tenants pay all utilities. After all expenses this property is netting $25,789 per year providing an investor with a 4.52% actual capitalization rate at full asking price. Month to month tenancy allows investor to raise rent post closing.


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© 2023 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Information is deemed reliable but not guaranteed. Listing courtesy of RE/MAX 5 Star Realty. Data last updated Friday, March 31st, 2023 at 05:41:23 PM.

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