HUGE PRICE REDUCTION!!! INVESTOR SPECIAL!!! SELLING FOR LESS THAN RECENT APPRAISAL! GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF HOLLYWOOD, FL. THE PROPERTY HAS 2 UNITS: (1) 3/2 RENOVATED AND RENTED BELOW MARKET PRICE AT $1850/MONTH; (2) 2/2 RENTED AT $2100/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. CURRENT ZONING IS RM-9. WELL MAINTAINED. TENANTS PAY THEIR OWN UTILITY BILLS FOR WATER/SEWER/GARBAGE AND ELECTRICITY ON SEPARATE METERS. RAISE RENTS TO MARKET PRICES AND EASILY ACHIEVE 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES. DON’T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO GO UP IN VALUE!!!
Property Details
Price:
$699,900
MLS #:
A11592770
Status:
Active
Beds:
0
Baths:
0
Address:
2419-2421 Johnson St
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HOLLYWOOD TERRACE
Neighborhood:
Hollywood Terrace
City:
Hollywood
Listed Date:
May 22, 2024
State:
FL
Finished Sq Ft:
2,287
Total Sq Ft:
2,287
ZIP:
33020
Year Built:
1980
Units:
2
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Ceramic Floor, Tile
Heating
Window/ Wall
Exterior
Architectural Style
Attached
Construction Materials
C B S Construction
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2023
Taxes
$9,514
Map
Community
- Address2419-2421 Johnson St Hollywood FL
- SubdivisionHOLLYWOOD TERRACE
- CityHollywood
- CountyBroward County
- Zip Code33020
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