Price Reduced 12.40%

$699,900 ($306.03 per sqft)

Est. Mortgage $3,585/mo *

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Price History

$799,000
5/22/2024

$699,900
9/10/2024

2419-2421 Johnson St, Hollywood, FL, 33020

2419-2421 Johnson St, Hollywood, FL, 33020
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1980

2,287 sqft

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!!!

Status:

Active

Type:

Multi-family

Zoning:

RM-9

Subdivision:

HOLLYWOOD TERRACE

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Parking:

6-car

Est. Taxes:

$9,514

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

111

Pool:

None

MLS #:

A11592770

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Landau Realty Group Phone: 305-490-1200