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Multi Family - FLOYD H STEWARD SUB for Sale

1431 N 14TH WAY, HOLLYWOOD, FL 33020

Asking Price$570,000

Share by:
  • Living 1897sqft
  • Taxes $7,094
  • Year Built 1975
  • Days on market:

    50 day(s)
  • Adjusted Area:

    1897 sqft
  • Original Price:

    $570,000
  • Price per sqft:

    $300.47
  • Tax Legal Description:

    FLOYD H STEWARD SUB 11-6 B LOT 5 BLK 2
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Style:

    Duplex
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Other
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$570,000 • living size area 1897 sqft

This property is located in desirable area of east hollywood. the physical property consists of 1,897 leasable sf, well situated on a 5,695 sf lot. the property is currently 100% leased to two month to month tenants. the 2 bedroom apartments is leased for $1,500.00 and the studio is leased for $700 per month, grossing $26,400 per year. the tenants pay all utilities. after all expenses this property is netting $28,525 per year providing an investor with a 5% actual capitalization rate at full asking price. month to month tenancy allows investor to raise rent post closing.

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