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Multi Family - FLAMINGO MANORS for Sale

2128 N 14TH AVE, HOLLYWOOD, FL 33020

Asking Price$599,000

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  • Living 1776sqft
  • Taxes $8,640
  • Year Built 1973
  • Days on market:

    107 day(s)
  • Adjusted Area:

    1776 sqft
  • Original Price:

    $599,000
  • Price per sqft:

    $337.27
  • Tax Legal Description:

    FLAMINGO MANORS 46-35 B N1/2 LOT 12 BLK 4
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Tile
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$599,000 • living size area 1776 sqft

This 2 unit duplex building is located in an extremely desirable area within west hollywood. the physical property consists of 1,967 leasable sf, well situated on a 6,372 sf lot. he property is currently 100% leased to two month to month tenants. the two 2 bedrooms and 1 bath apartments are leased for $1,550.00, grossing $37,200 per year. the tenants pay all utilities. after all expenses this property is netting $24,004 per year providing an investor with a 4% actual capitalization rate at full asking price. month to month tenancy allows investor to raise rent post closing.

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