283 SW 1 ST DEERFIELD BEACH, FL. 33441 Pending

$178,000 4 bd, 2 ba, 1341 sqft

Pending

Great duplex  in  283 SW 1 ST DEERFIELD BEACH is currently rented to long term tenants who want to stat for $1700! This property will need kitchen and sprucing up once current tenants vacate to get top dollar rent $1000-$1100 per unit! At current rents Cap Rate is 9.5% Gross rents, minus insurance$2,000 and taxes $1860 Projected CAP RATE 11.50%-12%! These units are never empty! EZ to rent location off Hillsboro and I-95! Updated electrical panel, and separate water and electric meters for each unit! Just close and keep collecting money!

Sale Comps 190,000 – 200,000
Rental Comps $1,700 – $2,000

Property Details

Price:
$178,000
Address:
283 SW 1 ST DEERFIELD BEACH, FL. 33441
City:
Deerfield Beach
State:
Florida
Zip Code:
33441
Year Built:
1960
Terms:
For Sale
Property Type:
Duplex
Square Feet:
1341
Bedrooms:
4
Bathrooms:
2
Lot Size:
6000 SQFT
Const. Type:
Concrete

Call (786) 565-8726 for more details

Property Location

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