Amazing Investment Opportunity In The Heart Of Deerfield Beach, POTENTIAL CAP RATE OF 7.0+! This Large Duplex Is Perfectly Located Just Minutes To Sandy Beaches, Shopping & Entertainment. Each Unit Offers A Spacious 2-Bedroom, 1-Bath Layout, Florida Room Were Previously Converted To Accommodate A Third Bedroom. Both Units Feature Living Area, Full Kitchen, Washer, Dryer Hookups, Enclosed Patio, & Private Fenced Yards. Roof Is 11+- Years. Tenants Pay All Utilities, Including Water, Electric, & Trash. Potential Income Is $2300+ per unit. Totaling $55,200. Expenses Include Taxes($7,719)Insurance(Estimate)($6000)Lawn($960) Totaling $14,679 For A Potential Net Of $40,521. Units Are In Need Of Some TLC, And Priced Accordingly. This Is Definitely the Diamond In The Rough You've Been Looking For!
|
DAYS ON MARKET
|
9
|
LAST UPDATED
|
1/14/2025
|
|
TRACT
|
Fairlawn 1st Add 43-31 B
|
YEAR BUILT
|
1969
|
|
COUNTY
|
Broward
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
|
Prior to Jan 14, '25
|
$575,000
|
| Jan 14, '25 - Today |
$550,000 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Block |
| HEAT |
CENTRAL, Electric |
| LOT |
0 |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Duplex |
| SUBDIVISION |
Fairlawn 1st Add 43-31 B |
| TAXES |
7265 |
| UTILITIES |
Cable Available |
| ZONING |
RM-10 |
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Data last updated: 1/15/25 6:02 AM PST.
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