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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,193 sqft
Price per Sqft $205
Subdivision Dixie Gardens
MLS Listing ID A11429941
Sold Date 09/29/23
Construction Status Resale
HOA Y/N No
Year Built 1970
Annual Tax Amount $9,236
Tax Year 2022
Contingent 3rd Party Approval
Property Description
This residential income property in Hollywood, Florida features a remodeled 4 bedroom, 2 bath home in the front, as well as a separate 1 bedroom, 1 bath cottage in the rear. The property boasts separate electric meters for each unit, offering convenience and flexibility for tenants. With the added potential income from renting out the cottage, this property provides a great investment opportunity for those looking to invest in the desirable Hollywood area, which offers easy access to local attractions, shopping, dining, and entertainment. Property has a new septic tank. Operational expenses: $700/m insurance; $300 water/trash. Tenants takes care of electricity and lawn care. Front unit leased at $2,940/month until October 31st. Rear unit is vacant, with a rental market value of $1,500.
Location
State FL
County Broward County
Community Dixie Gardens
Area 3050
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514209010550
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with The Keyes Company