Fidelity Real Estate Group LLC
Listed by Fidelity Real Estate Group, Fidelity Real Estate Group LLC
$479,000
6142 SW 40th Court
Details
APN 514125130270
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,525
Units 2
NOI $22,707
Year Built 1956
Acreage 0.120
Zoning RM4
Multifamily | 2 Units
Marketing description
OWNER FINANCING AVAILABLE!!! Fantastic Find In The Heart Of Miramar! This Large Duplex Features A Spacious 3-Bedroom, 2-Bath Unit And A 1-Bedroom, 1-Bath Unit. The Property Needs Updating But Is Priced Accordingly. Current Rents Are Below Market, Offering Plenty Of Room For Growth. Current Gross Annual Income Is $38,400, With Potential Gross Income Exceeding $50,000. Annual Expenses Include Property Taxes Of $6,914, Estimated Insurance Of $4,000, Water And Trash Of Approximately $1,800, And Lawn Maintenance Of Approximately $600, For Total Annual Expenses Of $12,714. Priced To Sell!
Listing Contacts
Fidelity Real Estate Group LLC
Listed by Fidelity Real Estate Group, Fidelity Real Estate Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,707.00
$1,892.25/mo
Valuation Metrics
0
DSCR
4.74%
Cap Rate
4.74%
ROI
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Property History
Tax History
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