Description
(Bulk Sale) 3 units, Duplex side by side for a total of 3 units: 2 Apartments of 2 Bedroom/ 1 Bathroom and 1 Efficiency Apartment, All units are rented: Apt. 2Bed/1Ba Rented for $1,500/month with 10 months remaining on Lease Apt. 2Bed/1Ba Rented for $1,350/month with 6 months remaining on Lease Efficiency unit Rented for $850/month, Month to Month Lease Total Income: $3,700/month Expenses: Real Estate Taxes: $460/month Water/Sewer Garbage: $185/month Insurance: $100/month Landscaping: $50/month Other Expenses: $100/moth Total Expenses: $895/month Net Income: $3,700 - $895 = $2,805/month X 12 months Total Income: $33,660 Asking Price: $599,000 NET OPERATING INCOME: 5.62% CAP RETURN ON INVESTMENT. THIS IS AN INCREDIBLE INVESMENT IN THE HEART OF HALLANDALE BEACH. CALL NOW.!
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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1,894SQFT
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$316$/SQFT
School Ratings & Info
Description
(Bulk Sale) 3 units, Duplex side by side for a total of 3 units: 2 Apartments of 2 Bedroom/ 1 Bathroom and 1 Efficiency Apartment, All units are rented: Apt. 2Bed/1Ba Rented for $1,500/month with 10 months remaining on Lease Apt. 2Bed/1Ba Rented for $1,350/month with 6 months remaining on Lease Efficiency unit Rented for $850/month, Month to Month Lease Total Income: $3,700/month Expenses: Real Estate Taxes: $460/month Water/Sewer Garbage: $185/month Insurance: $100/month Landscaping: $50/month Other Expenses: $100/moth Total Expenses: $895/month Net Income: $3,700 - $895 = $2,805/month X 12 months Total Income: $33,660 Asking Price: $599,000 NET OPERATING INCOME: 5.62% CAP RETURN ON INVESTMENT. THIS IS AN INCREDIBLE INVESMENT IN THE HEART OF HALLANDALE BEACH. CALL NOW.!
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