1449 SE 4th Ave - Apartments FOR SALE


Deerfield Beach, FL 33441
$685,000 USD
954-234-7653
1449 SE 4th Ave, Deerfield Beach, FL for Sale
$685,000 USD
Apartments - FOR SALE
1/53
null | 7% Cap Rate

1449 SE 4th Ave
Deerfield Beach, FL 33441


HIGHLIGHTS

  • Renovated A Few Years Ago
  • Turnkey Investment
  • Market Rents Could Be Higher

OVERVIEW

Fantastic Find! Updated Duplex In The Heart Of Deerfield Beach. Renovated A few Years Ago Property Has Hurricane Protection, Newer Flooring & Newer Air Conditioners. Gorgeous Kitchens With Modern Cabinets, Quartz Countertops, & Stainless Steel Appliances. Each Unit Has 2 Bedrooms, 1 Bathroom, Washer, Dryer, Large Patio With A Private Fenced In Yard. Long Term Tenants Paying $2500.00 Each. TURNKEY PROPERTY!! Owner Has Another Duplex On The Same Block For Sale 1413-1421 SE 4th Ave. Buy One Building Or Both For A Great Deal. This Property Is Currently Generating An Annual Gross Income Of $60,000 With A Potential Market Income Of $69,600. Expenses Include Lawn ($960) Water & Trash ($1,680) Flood Insurance ($1,090) Taxes ($8,321) Totaling $12,051. This Leaves A Potential Net Income Of $48k To $55k. Owner Has Another Building For Sale On The Same Street. Call Listing Carlos Montoya Multifamily Specialist For More Details, Also call For A list Of Other Multifamily Properties For Sale.

FOR SALE DETAILS

PRICE

$685,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

2

PRICE/UNIT

$342,500

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Updated Deerfield Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,414 SF

ZONING

RM10

APN/PARCEL ID

48-43-07-12-1070

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.