2419-2421 Johnson St Active Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,287 sqft
Price per Sqft $306
Subdivision Hollywood Terrace
MLS Listing ID A11592770
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $9,514
Tax Year 2023
Property Description
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!!!
Location
State FL
County Broward
Community Hollywood Terrace
Area 3050
Direction PLEASE USE GPS
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile,Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514209031740
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional