Amazing opportunity to purchase this income producing duplex with a 1/1 and a 1/1 currently at 4.75% CAP RATE, generating over 2,850 per month with a MASSIVE upside potential to be at 6.5% or greater CAP RATE. This property is meticulously maintained, featuring a new roof that was installed 2023, New AC Units, and water heater. New floors in both units!
Space in rear of property to build another unit for more income opportunities!
Located only 1 Mile from downtown Hollywood, fine dining and shopping. 2 Miles from Hollywood Beach.
Rents could increase with no updates needed!
Tenant occupied, please do not disturb tenants.
Property Type :
Residential Income
Subdivision :
Hollywood Terrace 3 12 B
County :
Broward County
Style :
Residential Income
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All listings featuring the "The Greater Fort Lauderdale Realtors" as the source are provided by "The Greater Fort Lauderdale Realtors".This information is not verified for authenticity or accuracy and is not guaranteed.
ByOwner last updated this listing 05/03/2024 @ 08:51
MLS: F10435207
LISTED BY: Alex Saludes , EXP Realty, LLC.
SOURCE: Greater Fort Lauderdale REALTORS®
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
