5619 Mckinley
$2,599,000
5619 Mckinley, Hollywood, FL 33021
7,322 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S)
- Architectural Style: Twin Home, Half Duplex, Twin Homes
- Cooling: Central Individual A/C
- Heating: Central Individual A/C
- Flooring: Tile
- Construction Materials: CBS Construction
Description:
Excellent 9-unit investment opportunity consisting of four duplexes with eight 2-bedroom/1-bathroom apartments, plus a separate single-family residence currently configured as a 4-bedroom/2-bathroom home. The eight apartments are currently rented, generating $172,380 in actual annual gross rental income.
The separate residence is in excellent condition and is currently being used as the management office solely by the owner's choice. The home is ready for immediate rental without the need for renovations, offering an opportunity to increase rental income. Estimated market rent for the residence is $3,150 per month.
Projected annual gross rental income could reach approximately $210,180 with the house leased, or approximately $249,000 if all eight apartments achieve estimated market rents
Location
Gallery