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Income/MultiFamily - 1858 DEWEY STREET for Sale

1858 DEWEY ST #1-12, HOLLYWOOD, FL 33020

Asking Price$2,799,000 Change Price$60,000

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  • Lot size 10826sqft
  • Taxes $34,678
  • Year Built 2019
  • Days on market:

    222 day(s)
  • Original Price:

    $2,995,000
  • Tax Legal Description:

    HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Parking:

    Common
  • Waterfrontage (sqft):

    200
  • Inclusions:

    Building & Land,Furniture,Leases
  • Construction Type:

    Insulated Sheet Rock
  • Roof:

    Built-Up
  • Floor Description:

    Ceramic Floor
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location Corner UnitIn Residential Area

Description

$2,799,000

Offered at a 6.8% cap rate - 12 units in hollywood, fl. renovated units, inside & out. fully furnished and fully rented with long-term tenants. all units have ac w/ split systems. each unit has a flat-screen tv and a fully equipped kitchen with dining space. wi-fi + electricity, and water are all included in the rent. noi of $195,800. detailed financials are available with a fully executed non-disclosure agreement. they are located in an opportunity zone. this property has been updated, and tenants are stable – ideal passive income. tenants are on annual leases - this is not an airbnb or monthly rental— in impeccable condition from top to bottom. nda is required for detailed financials, and proof of funds is required for tours.

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