$299,000
$320,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
6001 NW 42nd Terrace North Lauderdale, FL 33319
4 Beds
2 Baths
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
Style Detached,One Story
Bedrooms 4
Full Baths 2
Year Built 1960
Annual Tax Amount $4,611
Tax Year 2021
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
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Exterior Feature Deck
Pool None
Waterfront No
View Y/N No
View None
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick,Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with London Foster Realty