2419-2421 Johnson St, Hollywood FL 33020

2419-2421 Johnson St, Hollywood, FL, 33020
$699,900

Basics

Date added Added 2 days ago Category Type Status
Area, sq ft 2287 sq ft Lot size, sq ft 0 sq ft Year built 1980 SubdivisionName HOLLYWOOD TERRACE
ListOfficeName Landau Realty Group ListAOR Miami Association of REALTORS® RentIncludes Gardener, Other Rent Incl, Pest Control MLS ID A11592770

Description

  • 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!!!

Location

  • Directions: PLEASE USE GPS
  • CountyOrParish: Broward County

Building Details

  • Cooling features: Wall/Window Unit(s)
  • ArchitecturalStyle: Attached
  • ParkingTotal: 6
  • NewConstructionYN: No
  • Building Name: HOLLYWOOD TERRACE
  • Exterior material:
  • Roof:
  • Heating: Window/Wall

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: Yes
  • PoolPrivateYN: No
  • FireplaceYN: No

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This style property is located in Hollywood is currently and has been listed on Igor Presman Commercial Real Estate. This property is listed at $699,900. It has bedrooms, bathrooms, and is 2287 sq ft. The property was built in 1980 year.

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