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. DONT MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO GO UP IN VALUE!!!
- Address 2419-2421 Johnson St
- City Hollywood
- County Broward
- Zip 33020
-
Price
$699,900
($306 / SqFt) - Status Active
- Subdivision Hollywood Terrace
- Pets Allowed No
- MLS® # A11592770
- Property Type Residential Income
- Property Sub TypeDuplex
- Status Active
- Square Feet 2,287
- Year Built 1980
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $9,514
- Tax Year 2023

Hollywood, FL 33020
Hollywood, FL 33020

Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020