1957 Monroe St Hollywood FL 33020 MLS #A11524393

1957 Monroe St
Hollywood, FL, 33020
$2,500,000
Beds
0 Baths
5,054 SqFt
0 Acres
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We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.

Property Details

Price:
$2,500,000
MLS #:
A11524393
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1957 Monroe St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Hollywood
Listed Date:
Jan 31, 2024
State:
FL
Finished Sq Ft:
5,054
ZIP:
33020
Year Built:
1992
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Schools

Interior

Cooling
Central Individual A/ C
Flooring
Tile, Vinyl
Heating
Central Individual A/ C

Exterior

Construction Materials
Other
Parking Features
Assigned
Parking Spots
12
Roof
Barrel Roof, Other, Tile Roof

Financial

Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$17,062

Map

Community

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1957 Monroe St
Hollywood, FL