Amazing investment opportunity in the heart of deerfield beach, potential cap rate of 7.0+! This large duplex is perfectly located just minutes to sandy beaches, shopping & entertainment. Each unit offers a spacious 2-bedroom, 1-bath layout, florida room were previously converted to accommodate a third bedroom. Both units feature living area, full kitchen, washer, dryer hookups, enclosed patio, & private fenced yards. Roof is 11+- years. Tenants pay all utilities, including water, electric, & trash. Potential income is $2300+ per unit. Totaling $55,200. Expenses include taxes($7,719)insurance(estimate)($6000)lawn($960) totaling $14,679 for a potential net of $40,521. Units are in need of some tlc, and priced accordingly. This is definitely the diamond in the rough you've been looking for!
Fidelity Real Estate Group LLC