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Key Details
Sold Price $299,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Pompano Park Sec 1
MLS Listing ID A11206710
Sold Date 07/11/22
Style Detached,One Story
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $4,611
Tax Year 2021
Contingent 3rd Party Approval
Property Description
Great investment property (ROI of 7.27 % or more). The property is currently rented for $2,322 USD/month to a Section 8 tenant (as of May 2022, the government portion pays 100% of the rent). *The lease is until Oct 31st and could potentially be increased to $2,596 USD on renewal (potential ROI: 8.29%). The management company will love to continue managing the property for the new owner (feel free to ask for details).
Please do not disturb the tenant or knock on the door! Showings only with an executed contract.
Location
State FL
County Broward County
Community Pompano Park Sec 1
Area 3990
Interior
Interior Features Bedroom on Main Level, First Floor Entry
Heating Central
Cooling Central Air
Flooring Tile
Appliance Other
Exterior
Exterior Feature Deck
Pool None
Waterfront No
View Y/N No
View None
Roof Type Shingle
Porch Deck
Parking Type Driveway
Garage No
Building
Lot Description < 1/4 Acre
Faces North
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Structure Type Brick,Block
Construction Status Resale
Others
Senior Community No
Tax ID 494112110550
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with London Foster Realty
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