Basic Information

  • MLS # A11161299
  • Type Multi Family
  • Status Closed
  • Year Built 1953
  • Total Sqft 5,299
  • Date Listed 02/15/2022
  • Days on Market 120
Description

The property is located just west of US1 between Hallandale Beach Blvd. and Pembroke Park Rd. The subject property consists of 4 rental apartments, one Studio, two 1Br/1Ba, and one 2Br/1Ba, on a well­situated 5,299 SF lot. All apartments are in overall good condition. The property is fully occupied with long­term tenants. The property is easy to manage and is cash flowing over a 5% cap rate. There are opportunities to add value by increasing the rents to market value as all four tenants pay below­market rates for this property. Excellent opportunity to invest in the rapidly appreciating south Florida multi­family market.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 5,299Sq.Ft
  • Sqft 5,299 Sq.Ft

Property Features

  • Address 306 NE 6th St #1-4
  • Aprox. Lot Size 5,299
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $6,348
  • Tax Legal desc HOLLYWOOD PINES ESTATES 6-41 B C O BK 44/297 PT OF LOT 9 F/P/A LOT 12 BLK 9 & ELY 5 OF VAC ALLEY ADJ TO W/BNDRY LOT 12
  • Tax Year 0
  • Type of Property Multi Family

306 NE 6th St #1-4

Hallandale Beach, FL 33009

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX 5 Star Realty. tel: 954-361-0000

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