$630,000
$670,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
2,075 SqFt
SOLD DATE : 11/08/2024
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,075 sqft
Price per Sqft $303
Subdivision Hollywood Beach Gardens
MLS Listing ID A11615973
Sold Date 11/08/24
Construction Status Effective Year Built
HOA Y/N Yes
Year Built 1969
Annual Tax Amount $8,355
Tax Year 2023
Contingent 3rd Party Approval
Property Description
Duplex with No HOA. Great investment property, current rent $5,708 USD and potential rent $6,204 USD. Everything except $36 USD is being paid by Section 8. Rents on time! Video available.
2 separate electric meters and 1 water meter.
5734 Lincoln St (Back unit- 4 bedrooms and 2 baths): rented for $3,640 USD/month to a Section 8 tenant (as of October 2024, the government pays 100% of the rent) The rent may be increased to $3,905 USD (renewal May 31, 2025). || 5736 Lincoln St (Front Unit- 2 bedrooms and 1 bath): rented for $2,068 USD/month to a Section 8 tenant (the government portion is $2,032 USD and the tenant $36 USD).
The tenant will vacate on October 31st, 2024. The potential rent in this unit is $2,299 USD.
The management company can be facilitated.
Lot 7,388 Sqft
Location
State FL
County Broward
Community Hollywood Beach Gardens
Area 3070
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Other, Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Other
Construction Status Effective Year Built
Others
Tax ID 514113020920
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with RE/MAX Preferred Realty
Find out why customers are choosing LPT Realty to meet their real estate needs