Property Description

HUGE PRICE REDUCTION!!! RECENTLY UPDATED 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 $2250/MONTH; (2) 2/2 RENTED AT $2250/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 9%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS (ALL ANNUAL LEASES RECENTLY SIGNED) WILLING TO STAY WITH RENTAL INCREASES of 5% PER YEAR. DON’T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO GO UP IN VALUE!!!

Features
: Window/wall
: Wall/window Unit(s)
: 6
: Tile, Ceramic Floor
: Less Than 1/4 Acre Lot
: Shingle
: Public Sewer
Address Map
FL
Broward County
Hollywood
33020
2419-2421 Johnson St
HOLLYWOOD TERRACE
0
W81° 50' 40.3''
N26° 1' 8.1''
PLEASE USE GPS
HOLLYWOOD TERRACE
MLS Addon
: Attached
: Cbs Construction
281
: All Cash, Conventional
2
: Gardener, Other Rent Incl, Pest Control
1
: Duplex
$9,514
2023
RM-9

Residential Income For Sale

2419-2421 Johnson St, Hollywood, Florida 33020

2,287 Sqft
$699,900
Listing ID #A11592770
Basic Details
Property Type : Residential Income
Property SubType : Duplex
Listing Type : For Sale
Listing ID : A11592770
Price : $699,900
Square Footage : 2,287 Sqft
Year Built : 1980
Building Area : 2,287 Sqft
Status : Active
Agent info
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