ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) – TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ.
Low Maintenance just new paint on buildings, no restrictions on rent.
Property Description
Features
: Central, Electric
: Central Air, Electric
: Garden View, Other View
: Restrictions Or Possible Restrictions
: Dishwasher, Refrigerator, Dryer, Microwave, Wall Oven, Washer, Disposal, Electric Water Heater
: Other, Tennis Court(s), None
: Carpet
0
: First Floor Entry
: Common Area
: Assigned, Guest, 2 Or More Spaces
: Other, Primary Bath Tub
: Smoke Detector, Other
Address Map
FL
Broward County
Hollywood
33021
3630 N 56th Ave # 318
LAKEWOOD AT EMERALD HILLS
0
W81° 47' 53.6''
N26° 2' 31.9''
LAKEWOOD AT EMERALD HILLS
MLS Addon
: Exercise Room, Other, Pool, Tennis Court(s), Basketball Court, Bike/jog Path
$275
Monthly
0
: Cbs Construction
40
: All Cash, Conventional
2
: Condo, Condo 1-4 Stories
$3,452
2023
1 Bedrooms
1 Bathrooms
659 Sqft
$199,000
Listing ID #A11672130
Basic Details
Property Type : Residential
Property SubType : Condominium
Listing Type : For Sale
Listing ID : A11672130
Price : $199,000
Bedrooms : 1
Bathrooms : 1
Square Footage : 659 Sqft
Year Built : 1993
Bathrooms Total : 1
Building Area : 659 Sqft
Status : Active
