$525,000
$500,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1,833 SqFt
SOLD DATE : 11/05/2021
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,833 sqft
Price per Sqft $286
Subdivision Oak Grove
MLS Listing ID A11112164
Sold Date 11/05/21
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $7,191
Tax Year 2020
Contingent No Contingencies
Property Description
Rare opportunity to own a turn key 3-unit property with incredible cash flow!
This property currently generates $4090/mo with long-term annual lease tenants. Rent has not been increased to market value, and has the potential to generate significantly more. Also a great AirBnb property, and was generating $90/day/unit with previous owner, at a 90% occupancy rate ($8100/mo)
The three units are 1/1’s with a spacious front yard, & shared amenities (4 parking spots, communal laundry).
Location
State FL
County Broward County
Community Oak Grove
Area 3490
Direction GPS, WAZE, GOOGLE MAPS
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description <1 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 504221161520
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Listed As-Is
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Bought with Compass Florida LLC
Miami & South Florida Market Expert, Property Manager, Trusted Professional REALTOR®, Zillow Premier Agent & Real Estate Professional