Multifamily in South Bay, FL 33493
228 NW 9th Ave

Beds
1,759
SqFt
$67
$/SqFt
Sold - Jul 15, 2019
Multifamily
Built in 1962
Want a turn key investment & have nothing to do, but just collect rents from day one? Well you found it here. This property is recently renovated and rented for an astonishing 8.4% cap rate. The numbers are real, no nonsense with fictitious numbers. One tenant has been there for a few years and wishes to remain. Leases end in 2020 with the tenants wishing to stay. This duplex screams cash flow from the day an investor buys it. These numbers also include a management fee of 10%. Unit is in excellent condition with all of the work taken care of already for the next owner. Tenants pay electric & water/sewer, while owner pays for lawn maintenance only. Cash investors only, please. The CBS/concrete block structure has a shingle roof with is water tight and free of any leaks. Legal duplex.
MLS Number: A10691420
On Site: 2656 Days
Updated: 26 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir,Electric
        Building and Construction
        • Floor Description: CeramicTile
        • Windows/Treatment: Blinds
        • Year Built: 1962
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2019-06-16T20:47:17.000-00:00
          Taxes, Fees & More
          • Taxes: 2161

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          06/14/2019
          Listed
          $117K
           
          $67 ft2
          $716 m2
          06/14/2019
          $117K
          Event
          Listed
          Price Per
          $67 ft2
          $716 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Michael AversanoOne Key Realty • Buyer Agency Compensation .

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