Bought with Xtreme International Realty
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Key Details
Sold Price $849,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,375 sqft
Price per Sqft $251
Subdivision North Hollywood
MLS Listing ID RX-10772574
Sold Date 03/11/22
Bedrooms 4
Full Baths 5
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 30,103,050
Year Built 1956
Annual Tax Amount $9,105
Tax Year 2021
Lot Size 0.373 Acres
Property Description
Have received multiple offers and requested all offers be submitted by EOB Monday Feb 7th if possible. This is truly a one of kind property with its double over-sized 16,264 ft2 lot with several mature Palm's, bamboo patches, and other various constantly fruiting tree's. Great opportunity for an investor to capture substantial cash flow (11% Cap Rate on conservative short term rental operation) in a rapidly appreciating location in South Florida. Or for a homeowner interested in AirBnB to live in main house while covering all expenses+ with the separated rentals at the rear of the large lot (this is what I did back in 2016). Rear apartments have their own parking from the alley side. Main house is separated from rear apartments with a fence. House, apts, grounds renovated 2015-16
Location
State FL
County Broward
Area 3020
Zoning NBHD-RES
Interior
Heating No Heat
Cooling Central Individual, Wall-Win A/C
Flooring Terrazzo Floor, Tile, Wood Floor
Exterior
Exterior Feature Auto Sprinkler, Deck, Exterior W/D Hookup, Extra Building, Fence, Fruit Tree(s), Open Porch, Outdoor Shower, Room for Pool, Shed, Well Sprinkler, Zoned Sprinkler
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Sidewalks, Street Lights
Waterfront No
Waterfront Description None
View Garden
Roof Type Comp Shingle
Parking Type Space Parking
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre, Paved Road, Public Road, Sidewalks
Story 1.0
Foundation Frame, Stucco
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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