$500,000
$525,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2,220 SqFt
SOLD DATE : 12/02/2022
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $225
Subdivision Progresso
MLS Listing ID A11260639
Sold Date 12/02/22
Construction Status Effective Year Built
HOA Y/N No
Year Built 1954
Annual Tax Amount $6,919
Tax Year 2021
Contingent Pending Inspections
Property Description
Attention investors. Location Location Location! Progresso Village /Flagler Village highly sought Fort Lauderdale legal one story TRIPLEX with three, 2 Beds/ 1 Baths Units in a CRA zone. Units way under market rent with two rented for $900.00 each. One is unit rented for $1,000.00. Needs full renovation to bring this investment property in line with all the adjacent brand new construction. Central A/C, Large Back Yard. Individual water and electrical meters. Tenants pay own utilities. This property has everything a seasoned investor is looking for. Rental rates post rehab in the $2,000 plus per unit range. Great rental area. Fast Closing, clear title. Future development options.
Location
State FL
County Broward County
Community Progresso
Area 3810
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 494234063800
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
Financing Cash
Special Listing Condition Corporate Listing, Listed As-Is
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Bought with Keller Williams Capital Realty