Poinsetta Park 8-35 B
$950,000
1625 Cleveland Street, Hollywood, FL 33020
40,000
NOI
2,475 sqft
Building Size
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot, East Of US 1, Less Than 1 Acre
- Building Features: Outside Storage
- Gross Income: 144000
- Bathrooms Total: 0
- Documents Available: Accounting Statements, Financial Statement, Rent Rolls
- Architectural Style: Twin Home, Half Duplex, Twin Homes
- Cooling: Central Air
- Heating: Central, Electric, Heat Pump/Reverse Cycle
- Flooring: Ceramic Floor
- Construction Materials: Concrete Block Construction, CBS Construction, Stucco
Description:
Prime East Hollywood Triplex. East of US-1. Corner Lot. Property includes Renovated 2-3/2 Apartments and 1-1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K-$12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long-term growth.
Location
Gallery