USD 1,250,000

204 SE 4th St
Hallandale Beach, Florida 33009

Beds
Baths 0

Property Description

INVESTORS DREAM! GREAT INCOME PRODUCER IN AN AMAZING LOCATION! FANTASTIC 4-PLEX FULLY LEASED. THIS 4 UNIT MULTI-FAMILY HAS GREAT CASH FLOW AND TENANTS-RENT ROLL BELOW ALTHOUGH TO BE RAISED SOON. ALL UNITS HAVE CENTRAL A/C AND SEPARATE ELECTIC METERS. $85,800 IN GROSS ANNUAL INCOME - $7,150 A MONTH NOW - AFTER INCREASES WILL BE $9,900 OR A POSSIBILITY TO OPERATE AS AIRBNB FOR HIGHER RETURNS. PROPERTY IS IN EXCELLENT SHAPE! IF YOU ARE SHOPPING IN THIS MARKET, YOU KNOW THAT GETTING THIS CASH FLOW WITH LITTLE UPKEEEP & UTILITIES IS RARE. BEST LOCATION BY GULFSTREAM PARK, NEAR BEACHES, AVENTURA MALL, HOSPITAL, SHOPS, & SUPERMARKETS, LOTS OF NEW PROJECTS COMING IN BOOMING AREA. HIGH VALUATION! CAN ONLY BE SHOWN WITH EXECUTED CONTRACT! DRIVE BY IS OK BUT DO NOT DISTURB THE TENANTS!

Listed by Coldwell Banker Realty

Property Details

ID #
A11259627
Status
Sale
Zip Code
33009
Building Area
3,039ft2
Year Built
1960
Parking Spaces
5
Building Feature
Air Conditioning, Cable Tv
Roof Material
Wood shingle roof
Septic
City sewer
Fuel Type
Electric
Construction
CBS Construction
Cooling
Electric Cooling
Floor
Ceramic Floor
Lot
Less Than 1/4 Acre Lot
Occupancy
Tenant Occupied
Utilities
Internet
Zoning Information
residential
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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