$502,500
$499,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
1414-1416 N 59th Ter Hollywood, FL 33021
1,949 SqFt
Key Details
Sold Price $502,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,949 sqft
Price per Sqft $257
Subdivision Hollywood Country Estates
MLS Listing ID F10380343
Sold Date 05/31/23
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1970
Annual Tax Amount $6,879
Tax Year 2022
Property Description
Don't miss this amazing opportunity to own a duplex with an extra room in one of the units, perfect for an office or a guest room (permitted). Located on cul-de-sac. Newer A/C, heater, and roof. This property offers great rental income potential. #1414 renting for $1,890/m and #1416 renting for $1,740/m. Currently tenant-occupied, each unit has its own laundry room and a spacious living area. The duplex is located in a quiet and peaceful neighborhood, close to shops, restaurants, and parks. Each unit is being rented under market value at the moment. LOW overhead with a cap rate of 7% which is fantastic for this area. Newer roof, A/C, and Water heater. The options are endless, and this is a rare find that won't last long on the market! Schedule a showing today, good luck, and stay friendly!
Location
State FL
County Broward County
Area Hollywood Central (3070-3100)
Zoning RM-9
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling, Wall/Window Unit Cooling
Flooring Tile Floors
Exterior
Pool Above Ground Pool
Water Access N
Roof Type Flat Tile Roof,Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Septic Tank
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Keller Williams Realty Boca Raton