Hollywood Terrace
$699,000
2419-2421 Johnson St, Hollywood, FL 33020
2,287 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Appraisal, Copy Of Lease(S)
- Architectural Style: Attached, Ranch
- Cooling: Wall/Window Unit(s)
- Heating: Window/Wall
- Flooring: Ceramic Floor, Tile
- Construction Materials: CBS Construction
Description:
Huge Price Reduction!!! Recently Updated Investor Special!!! Selling Below 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 Future Re Development. 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 Increase In Value!!!
Location
Gallery
