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Business Opportunity - HOLLYWOOD PARK for Sale

2442 ROOSEVELT ST, HOLLYWOOD, FL 33020

Asking Price$750,000

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  • Living 2278sqft
  • Year Built 1951
  • Days on market:

    387 day(s)
  • Price per sqft:

    $329.24
  • Tax Legal Description:

    HOLLYWOOD PARK 4-19 B LOT 14 BLK 48
  • Tax Year:

    2021
  • Property Type:

    Business Opportunity
  • Style:

    Duplex
  • Construction Type:

    Cbs Construction
  • Cooling Description:

    Central CoolingWall/Window Unit Cooling
  • Heating Description:

    Central HeatWindow/Wall
  • Floor Description:

    Tile FloorsCeramic Floor
  • Exterior Features:

    Laundry Facility
  • Sewer Description:

    Other Sewer
  • Lot Features:

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

    None

Description

$750,000 • living size area 2278 sqft

Excellent location, the property has 3 units front unit 3 bed/1 bath leased $ 2,200/month renovated, new kitchen, new bathroom , new flooring, 2nd unit 2 bed/1 bath rented for $ 1,600 month to month plus 1 large efficiency rented for $ 1,050 month to month. the property is centrally located close to the beach and major roads. the property has 2 electric meters and 1 water meter, tenants pay electric, landlord pays water and landscaping. income $ 58,800, noi $ 48,260, cap rate 6.5 potential income $69,600, potential noi $ 58,660, potential cap rate 8

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