Great cash flow duplex near Fort Lauderdale.

[Jacques Wurms]

This one is not on the MLS

215 SW 9th Street #1-2, Hallandale, FL, 33009

Asking Price: $199,000
Avg Retail Value: $235k
Structure Type: CBS
Est. Rent: $2,400/ month
Est. Rehab Needed: $5K-$10K
Beds/Baths: 2 (2/2s)
Living SqFt: 2,064 sqft
Lot Size: 5,112 sqft
Property Description
Great duplex in an amazing location, Hallandale! Each unit is 2 beds and 2 baths. Should rent out easily for $1,200 per side. The home up the street is rented for $1,200 per side and is listed for $290k!
An Investor that purchases this for $200k and puts in $10k and rents it for $1,200 each side, will have a 10% CAP NET!
Comps:
Closed sales
25 SW 8th CT $265k
415 SW 9th ST $220k
611 SW 9th ST $215k
Active Sales
22 SW 9th ST $288k
209 SW 9th ST $290k
569 SW 9th ST $265k
104 SW 8th ST $246k