Homes for sale - 2419-2421 Johnson St, Hollywood, FL 33020

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Michael Alcantara

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

$ 699,900

Est. payment -/mo

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Price Dropped by $99K

2419-2421 Johnson St Hollywood, FL 33020

2,287 SqFt

UPDATED:

09/30/2024 08:53 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,287 sqft

Price per Sqft $306

Subdivision Hollywood Terrace

MLS Listing ID A11592770

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $9,514

Tax Year 2023

Property Description

HUGE PRICE REDUCTION!!! 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 $1850/MONTH; (2) 2/2 RENTED AT $2100/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. DON'T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO GO UP IN VALUE!!!

Location

State FL

County Broward

Community Hollywood Terrace

Area 3050

Direction PLEASE USE GPS

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514209031740

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Landau Realty Group

Michael Alcantara

Broker | License ID: 3440115

+1(786) 207-4969

Michael Alcantara

2419-2421 Johnson St Hollywood, FL 33020

Key Details

Location

Interior

Exterior

Building

Others

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2419-2421 Johnson St