Hollywood, FL 33021,305 N 58th Ave
$340,000
$350,000
2.9%
Est.Price: ?

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1,760 SqFt

305 N 58th Ave Hollywood, FL 33021

Est. payment /mo
SOLD DATE : 06/19/2019

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Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $193

Subdivision Hollywood Beach Gardens 1

MLS Listing ID H10658555

Sold Date 06/19/19

Style Duplex

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 7961

Year Built 1965

Annual Tax Amount $3,549

Tax Year 2017

Property Description

This Duplex is a 2/2 on each side in a great rental area. The property does not need any major renovations. Roof
is 3 years old and both central a/c units are updated. Nice big yard and great location. Property has new accordian hurricane shutters. Current rents are $1,395. for each side on a month to month but can be increased to $1,595. if updated. The internal rate of return in the 2nd year would be 17.8%. Sold comps are 350k and the after repair value with increased rents would be close to 400k. Please do not bother the tenants. Viewing of inside will only be allowed with an appointment an pre-qualification letter. The master bedrooms have exterior doors so you can make property into 4 units if needed. Great investment for the future!

Location

State FL

County Broward County

Area Hollywood Central (3070-3100)

Zoning RM-9

Interior

Heating Central Heat, Electric Heat

Cooling Ceiling Fans, Central Cooling, Electric Cooling

Flooring Terrazzo Floors

Exterior

Exterior Feature Screened Porch, Storm/Security Shutters

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Concrete Block Construction, Cbs Construction

Sewer Septic Tank

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Conventional

Listing Terms Conventional

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Real Estate USA
Bought with Florida Platinum Group, LLC

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Gemma Peterson

Broker/Owner | License ID: NMLS: 2295908 MLO:2121526

+1(407) 242-7758

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