823-825 9 StHallandale Beach, FL 33009

Property Details for 823-825 9 St

Year built

1958

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This fully renovated 1958-built duplex in Hallandale Beach, Florida offers a fantastic investment opportunity. Located at 823-825 NW 9th Street, 33009, this one-story property features two 1-bedroom, 1-bathroom units currently occupied by tenants, generating a gross annual income of $39,300. The property boasts a large fenced yard, providing additional appeal. Recent upgrades include a new roof (2022) and new central air conditioning, eliminating the need for immediate renovations. The current rental income is below market value, presenting a significant opportunity to increase profitability. Water costs approximately $155 per month. Conveniently situated east of I-95, near the Hepburn Center, this property enjoys proximity to transportation, parks, recreation, and shopping. This turnkey investment is ready for immediate income generation. The property is being offered at an asking price of $525,000. Please respect tenant privacy and refrain from contacting them directly.

Location Insight

City

Hallandale Beach

County

Broward

State

Florida

Latitude

25.9943

Longitude

-80.1596

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