$250,000
$300,000
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2740 SW 1st St Fort Lauderdale, FL 33312
2,220 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $112
Subdivision Midland 1St Add 40-13 B
MLS Listing ID F10116740
Sold Date 08/24/18
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $3,085
Tax Year 2017
Property Description
Unique opportunity to own a cash-cow duplex in a booming area! Across the street from the new Walmart, Wawa, Planet Fitness, Chipotle and others! New construction all around! Huge units, approx. 1,100 square feet. Each is two beds, one bath, tile floors, updated kitchens. 100% occupied and always easy to rent. Both tenants are current. Each unit rents for $1,250, seller holds security deposits to be transferred to buyer. $6390 in annual expenses (insurance, tax, water) for an outstanding 7.9% Cap Rate!
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RMM-25
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Conventional
Listing Terms Conventional
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