Hallandale Beach, FL 33009,401 SE 3rd Ave

$355,000

$380,000

6.6%
Est.Price: ?

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Est. payment /mo

1,233 SqFt


SOLD DATE : 01/25/2022

Key Details

Sold Price $355,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,233 sqft

Price per Sqft $287

Subdivision Hallandale Park No 3 6-7

MLS Listing ID A11009411

Sold Date 01/25/22

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $3,437

Tax Year 2020

Contingent No Contingencies

Property Description

Super Super Deal, Just $390,000 for this Beautiful 2 units DUPLEX BUILDING, in one the most desirable destination of Hallandale Beach, Incredible Deal, this Building is 1,233 sf and the Land is 4,040 sf. Great Deal.
Income: Apt. No.1 (1 Bed/1 Bat + Den) paid $875.00 per month and Apt. No. 2 (1Bed/1Bath) paid $850.00.
Current Income is= $875.00 + $850.00 = $1,725.00 X 12 months = $20,700.00
TOTAL INCOME= $20,700.00/year
Expenses:
Property Taxes 2020 = $3,436.73/year
Insurance = $2,700.00 /year
Landscaping = $1,440.00 /year
Total Expenses= $7,576.73
NET OPERATING INCOME= $13,123.27
MARKET RENT SHOLD BE: APT. #1(1Bed/1Bath + Den) for $1,400/month and Apt. #2 (1Bed/1Bath) for $1,200.00. Each Apartments have there own electrical meter and water meter.
Tenants are month to month

Location

State FL

County Broward County

Community Hallandale Park No 3 6-7

Area 3040

Direction GPS

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Other

Total Parking Spaces 3

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Other

Construction Status Resale

Others

Tax ID 514227160620

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by The Keyes Company
Bought with The Keyes Company

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