Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1959
Sq.Footage
2,235
EXCELLENT CASH-FLOW OPPORTUNITY! OWN 5 MULTIFAMILY UNITS IN HOLLYWOOD, FLORIDA, SUCCESSFULLY RUNNING WITH LONG-TERM TENANTS AND UPSIDE POTENTIAL. THE UNIT MIX IS TWO STUDIOS AND THREE 1/1'S IN A PEACEFUL, WELL-MAINTAINED NEIGHBORHOOD JUST 2 MILES FROM I-95. THERE IS A LAUNDRY ROOM ON SITE WITH A COIN OPERATED WASHER/DRYER (LEASED MACHINES). THIS PROPERTY CAN BE ENJOYED AS-IS FOR AN EXCELLENT CASH-FLOW, OR CAN BE REDEVLOPED AS SINGLE OR MULTIFAMILY WITH A DENSITY OF UP TO 18 DU/ACRE (ZONED SR7 RM-18). THE PROPERTY MAY BE SOLD TOGETHER WITH DUPLEX AT 2322 JOHNSON STREET FOR A TOTAL OF 7 UNITS AND 0.86 ACRES. THE TOTAL PRICE FOR BOTH PROPERTIES IS $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
0.62
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$900,000
-
Tax Amount
$13,473
-
Sq. Footage
2,235
-
Price/SqFt
$402
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Federico Rochwerger PA , The Keyes Company
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