Homes for sale - 1942 Monroe St, Hollywood, FL 33020

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Michael Alcantara

michael@aresbrokerage.com +1(786) 207-4969

$ 925,000

Est. payment -/mo

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Active Under Contract

1942 Monroe St Hollywood, FL 33020

2,640 SqFt

UPDATED:

10/23/2024 09:06 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $350

Subdivision Hollywood

MLS Listing ID A11522777

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,495

Tax Year 2023

Contingent Pending Inspections

Property Description

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

Location

State FL

County Broward

Community Hollywood

Area 3040

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Terrazzo, Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other,Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block,Other

Construction Status Resale

Others

Tax ID 514215015780

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Fausto Commercial Realty Consultants Inc

Michael Alcantara

Broker | License ID: 3440115

+1(786) 207-4969

Michael Alcantara

1942 Monroe St Hollywood, FL 33020

Key Details

Location

Interior

Exterior

Building

Others

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1942 Monroe St