2401 9th Ave #1-8 , for Sale & Rent

2401 9th Ave #1-8 for Sale & Rent

Price $1,300,000.00

  • Lot size 10061
  • Year Build 1967
  • Waterfront
  • Zip 33311
  • Style
  • Parking Description
  • Pool Yes
  • Status Pending
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Description

Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. Property has had New Roof replaced 3 years ago and most of the AC were recently replaced. DO NOT DISTURB THE TENANTS FOR ANY REASON. Please submit your LOI to Listing Agent.

Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. PLEASE, DO NOT DISTURB THE TENANTS FOR ANY REASON. Please call Listing Agent.

BONIELLO VILLAS SEC TWO 66-9 B LOT 8 BLK 3

Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. Property has had New Roof replaced 3 years ago and most of the AC were recently replaced. DO NOT DISTURB THE TENANTS FOR ANY REASON. Please submit your LOI to Listing Agent.

City:Wilton Manors,Roof:1:Shingle,List A O R:A-Miami Association of REALTORS,Stories:2,Flooring:1:Tile,List Price:1300000,Listing Id:A11133973,Mls Status:Pending,Year Built:1967,Postal Code:33311,Street Name:9th Ave,Unit Number:1-8,Contingency:No Contingencies,Coordinates:1:26.1577913,Gross Income:110400,Photos Count:6,Business Type:1:Residential-Multi-Family,Days On Market:29,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2021-12-08,Parcel Number:494228140060,Property Type:Commercial Sale,Stories Total:2,Street Number:2401,Off Market Date:2022-01-06,Public Remarks:Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. Property has had New Roof replaced 3 years ago and most of the AC were recently replaced. DO NOT DISTURB THE TENANTS FOR ANY REASON. Please submit your LOI to Listing Agent.,County Or Parish:Broward County,Expiration Date:2022-06-30,Private Remarks:Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. PLEASE, DO NOT DISTURB THE TENANTS FOR ANY REASON. Please call Listing Agent.,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,New Taxes Expense:10997,Postal Code Plus4:2353,State Or Province:FL,Street Dir Prefix:NW,Unparsed Address:2401 NW 9th Ave # 8, Wilton Manors FL 33311,Listing Agreement:Exclusive Right To Sell,Operating Expense:48000,Building Area Total:5742,Building Area Units:Square Feet,Lot Size Square Feet:10061,Original List Price:1300000,Public Survey Range:49,Documents Available:1:Investment Analysis,2:Copy Of Lease(S),3:Owner Managed,4:Photos,I D X Participation Y N:1,Net Operating Income:57000,Syndication Remarks:Value added Multifamily Property due to minor improvement needed and professional management to the property. Rent is very low for the area. Market rent is currently averaging for 1 bedroom and 1 bath at $1,200 and 2 bedroom 1 bath unit at $1450 per month. Long term tenants and owner has not kept up with proper management. Property has had New Roof replaced 3 years ago and most of the AC were recently replaced. DO NOT DISTURB THE TENANTS FOR ANY REASON. Please submit your LOI to Listing Agent.,Listing Contract Date:2021-12-08,Originating System I D:miamire,Public Survey Section:28,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:2401,Tax Legal Description:BONIELLO VILLAS SEC TWO 66-9 B LOT 8 BLK 3,Gross Scheduled Income:110400,Public Survey Township:49,Construction Materials:1:Concrete Block With Brick,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,Contract Status Change Date:2022-01-06,Number Of Units In Community:8,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $1,300,000.00
  • Price Change: 2021-12-08
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1967
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction, Concrete Block With Brick
  • Parking Description
  • Flooring Type Concrete, Tile
  • Property Type Commercial Sale
  • Status Pending
  • Listed 2021-12-08
  • Days on Market 45
  • Furnished
  • City Wilton Manors
  • Zip 33311
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes
  • Taxes Year