MLS# A10572405, 401 NW 2nd St, Hallandale, FL 33009

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401 NW 2ND ST Unit 1-4 Hallandale , Florida
	$ 785,000 Beds Baths 401 NW 2ND ST Unit 1-4 Hallandale , FL 33009 COMMERCIAL - A MLS #: A10572405 Tax Year: 2018 Year Built: 1998

Remarks About This Property

the subject property consists of two buildings, four units in total. all four units are large three bedrooms, two bath units in good condition. all units are being leased by section 8 tenants which are fully subsidized by the government. a new investor can bring all tenants up to the current market value of $1600 a month. a new investor can increase three tenants to market rates which would increase the net operating income to $62,077 a year which would provide an investor with a 7.91% capitalization rate on a proforma basis. excellent opportunity to invest in the rapidly appreciating south florida multi-family market. please remember to notdisturb existing tenants. all showings are by appointment only, call for additional information.

Amenities / Features

lot size is between 1 and 2 acres

The data relating to real estate for sale on this web site comes in part from the participating Associations of the Southeast Florida Regional Multiple Listing Service. The MLS data provided for the property above (MLS# A10572405) is provided courtesy of (RE/MAX 5 Star Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Real Estate Web Design By Realty Net Media - IDX Websites

South Florida Real Estate

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Cooper City Communities

Coral Springs Communities

Davie Communities

Fort Lauderdale Communities

Hollywood Communities

Lauderhill Communities

Miramar Communities

Pembroke Pines Communities

Plantation Communities

South West Ranches Communities

Sunrise Communities

Weston Communities

Other Broward Communities

Miami Dade Communities

Aventura Communities

Brickell Communities

Coconut Grove Communities

Coral Gables Communities

Doral Communities

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North Bay Village Communities

North Miami Beach Communities

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Sunny Isles Communities

Other Miami Dade Communities

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Other South Florida Communities

401 NW 2ND ST Unit 1-4 Hallandale , Florida

$ 785,000

Beds Baths

Remarks About This Property

Amenities / Features

Get More Info # A10572405

Miami-Dade Communities

Broward Communities