Builders Dream. Three buildings sitting on 4 lots just 2 blocks from Downtown Hollywood. 1938, 1942, 1944 & 1946 Taylor St. Zoned high density, multi family up 30 units and up to 4 floors. Perfect location to tear down and build new town homes, condos or rental units.
Very Charming East Hollywood Building with 6 Units, 4 One Bedrooms Updated Kitchens, Baths, and Appliances, Central A/C, Wood Floors, on Separate Electrical Meters, Rented @ 700 each. 1 Spacious 2/2 Featuring Wood Floors, Fire Place, Updated Kitchen and Baths, central A/c owner occupied but rented @ $1200, 1 efficiency with central AC on Shared meter with Common Laundry Room @ 55. Large Lot with Beautiful Court Yard & Landscaping. Cap Rate 8.8%. $200/MO FROM LAUNDRY, Do Not Disturb Tenants, Drive By Only
All units are fully occupied. Property needs nothing. One tenant is a resident of over 10 years. The second unit was fully remodeled 6 weeks ago. The third unit is in top notch condition. The fourth unit is in good condition. Desirable neighborhood and situated on a quiet street. Laundry machines yearly income is $1,500. Expenses are: Water $2,200, Trash $950, Insurance Policy $1,592, Property Taxes $4,007, FPL $180. Gross yearly income is $38,700 - expenses $8,929 = $29,771 or 7.5% CAP RATE!
The subject property is a very well maintained five unit apartment complex located just west of Federal Highway and east of Dixie Highway. Broward County Property Appraiser shows 4 units. The property was constructed in 1952 and contains 2800 Sq Ft. The breakdown of the units is as follows; (4) one bedroom/one bath apartment and (1) efficiency ($560) with a full size eat-in kitchen. The interior units and exterior of the building are in top notch condition. BCPA show 4 units on tax roll.
GREAT income property or works for owner occupants. 2 bldgs, 3 units (triplex), all CONFORMING W/SEPARATE METERS. north bldg is a SFH 2/2 + den (can easily be 3rd bedroom). property has been fully rehabbed w/newer kitchen, appliances, impact windows, central a/c. orig. master bath in perfect condition. 2nd bath fully rehabbed. a separate building on south side has a 2/1 + 1/1 + sgle car garage. Newer roof & kitchen & some impact windows. Please refer to MLS attachment for details.
Age: Over 50 Years Old
Amenities: Patio, Pool
Appliances: Dryer, Range, Refrigerator, Washer
Architecture Style: Other
Cooling System: Ceiling Fan(s), Central A/C, Window Unit(s) A/C
Fully rented, equipped and remodeled, all tiled, newly painted triplex in the heart of Hollywood, close to the beach,Walking distance to Young circle and downtown of Hollywood. Very good tenants. Three parking spaces and laundry room on the back of the house. Excellent investment! East of US-1 Won't last.
BEAUTIFUL NON CONFORMING FOURPLEX WITH 6 RENTABLE UNITS. BCPA SHOWS THIS PROPERTY AS HAVING 6 UNITS. QUIET CUL DE SAC STREET WITH GREAT TENANTS. GORGEOUS POOL AND A HUGE NUMBER OR UPGRADES. BRAND NEW ROOF WITH PERMITS. ELECTRICAL UPDATED. MONEY MAKING 6 PLEX ALMOST ACROSS THE STREET FROM THE MARDI-GRASS CASINO RESERVE. CASH COW !!!
Duplex has 2 Units 1400/1402.Both are 2 beds/2 baths.East of US-1.Close to Hollywood Circle,Downtown Hollywood,& Beach.Located on a Corner Lot.Each unit has a private yard area plus their own car port.In the car port area is a laundry washer dryer hook up & storage closet space.Each unit has its own central air unit.New Unit at 1400.Split bedroom floor plan.Separate Kitchen.Separate Family Room/Dining Area.Walk In Closet in Master Bed.Spacious Rooms.Both Units are leased.Not a REO & not a Short Sale.
GREAT OPPORTUNITY! THIS TRIPLEX @EXCELLENT LOCATION IN VERY GOOD CONDITION FEATURES 1809 SFT WITH SPACIOUS LOT. TENANTS PAY FOR THEIR UTILITIES. RENOVATED SOME UNITS WITH MARBLE OTHER WITH NEUTRAL CERAMIC TILES . IDENTICAL TRIPLEX ALSO FOR SALE. 1120