723 Southwest 5th St, Dania Beach, FL
$ Click for current price
6 BEDROOMS | 3 (3 full ) BATHROOMS |
Great investment property! Duplex in great location. Walking distance to High School, Middle School, and Elementary School. Central A/C, separate meters. Approximately 1000 sf per unit; 3/2 and 3/1; both units paying $1000/mo on a month to month term. 10% cap rate! With kitchen upgrade and minor repairs, property could easily receive $1200/$1300/mo. increasing cap rate to 13%! OR, live in one unit and the other unit pays 60-70% of mortgage, taxes, and insurance!