$335,000
$350,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1,220 SqFt
SOLD DATE : 09/03/2019
Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,220 sqft
Price per Sqft $274
Subdivision Hollywood South Side Add
MLS Listing ID H10700000
Sold Date 09/03/19
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1951
Annual Tax Amount $4,583
Tax Year 2018
Property Description
Located in the East Hollywood corridor just west of US-1 (Federal Hwy). The property is well maintained and is currently operating as a 4Plex 2 (0/1) & 2 (1/1) apts. Rents are significantly below market value. Upgrades: The building was rewired and the front unit's windows were replaced with hurricane impact windows. Landlord pays for electric, $3300 annually. Tremendous upside by bringing the rents current to market conditions. Anticipate a 13% ROI stabilized.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning PS-1
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
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