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$1,240,000
Est. payment /mo
1,394 SqFt
UPDATED:
12/06/2024 05:16 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,394 sqft
Price per Sqft $889
Subdivision Hollywood South Side Add
MLS Listing ID A11672031
Construction Status Resale
HOA Y/N No
Year Built 1929
Annual Tax Amount $6,234
Tax Year 2024
Property Description
Exclusive Portfolio Offering: Two Prime Properties
Presenting a unique multifamily investment opportunity at 1925 & 1927 Rodman St, Hollywood, FL 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from Hollywood Beach.
All 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The NOI is $100,648, resulting in an attractive cap rate of 7.74%.
Note: Properties must be sold together. Refer to listing A11672026. Contact today for more details or to schedule a viewing. FLOOD INSURANCE NOT REQUIRED.
Presenting a unique multifamily investment opportunity at 1925 & 1927 Rodman St, Hollywood, FL 33020. These two properties are being sold together, offering a combined lot size of 10,844 sq. ft., with zoning potential to build up to 5 floors and 18 units across both lots. Plus, this prime location is just 9 minutes from Hollywood Beach.
All 4 current units are tenant-occupied, generating a gross annual rent income of $102,600. The NOI is $100,648, resulting in an attractive cap rate of 7.74%.
Note: Properties must be sold together. Refer to listing A11672026. Contact today for more details or to schedule a viewing. FLOOD INSURANCE NOT REQUIRED.
Location
State FL
County Broward
Community Hollywood South Side Add
Area 3010
Interior
Heating Central
Cooling Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Level or Stories One
Structure Type Other
Construction Status Resale
Others
Tax ID 514222101210
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Listed by United Dream Real Estate