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Residential Income
$799,000
2419- Johnson St Hollywood, FL

A11592770

27 of 440 for Sale
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  • Listed On:

    May 22, 2024
  • Days on Market:

    60
  • Year:

  • Taxes:

    $9,514 per year
  • Floor Description:

    Ceramic Floor, Tile
  • Occupancy:

  • Zoning:

  • Parking:

2419- Johnson St Hollywood, FL 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 $2150/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.

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For Sale Details

  • Floor Description

    Ceramic Floor, Tile

  • Heating Description

    Window/Wall

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1980

Any questions about Residential Income?
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