$525,000
bedrooms
5
bathrooms
3
square feet
2,318
Acreage
-
Open Houses
-
year built
1947
Full Baths
3
Half Baths
0
Distressed Sale | Not an REO. VALUE ADD OPPORTUNITY. The subject originally functioned as a single-family home but was adapted into a triplex years ago. The unit breakdown is (2/2) (2/1) and one (1/1). The subject has a violation for non-conforming units and work done without a permit. This requires bringing the property into compliance (back to a single family). Currently priced at $227/SF, the property is $125 less expensive than neighborhood single-family homes. Market data suggests that an equivalent SFR in the area typically sells for between $650,000 and $775,000. The value-add opportunity can be broached by converting the property back to a single-family. This typically requires the removal of 2 stoves and the 220 V electric line as well as opening doors between the units.
Location | |
Subdivision | Hollywood Little Ranches |
County | Broward County |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: F10458509
Listing agent:
Peter Dacko
#0600065
Listing broker:
Media Realty & Advisors, Inc.
(954) 923-2325
Copyright © 2024 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Friday, November 8 2024 at 12:32 p.m. EST
Kotohomes National
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