$589,500
Owner financing!! This money-making triplex offers a strong 7+ cap rate with room to grow, located near federal highway in the heart of dania beach, minutes to dania pointe & florida’s sandy beaches, property features two buildings on one lot, front building has two 2 bedroom 1 bath & new completely updated cottage (studio) in rear. Additional highlights include hurricane impact windows, new electrical panels, newer roof 2020, updated kitchens, tankless water heater & sewer line replaced, front units have washer/dryer. Current gross income is $65, 400 with annual expenses of: taxes at $10, 254, insurance at $3, 840 (no wind) lawn $960, water $2, 880 electric $2, 640, trash included in the taxes. Additionally, the seller owns a fourplex on the same block also for sale at $689, 500.