2322 Johnson Street, Hollywood, FL 33020
- $500,000
- List Price
- $500,000
- Days on Market
- 205
- MLS#
- R11164599
- Acres
- 0.24
Property Description
EXCELLENT OPPORTUNITY TO OWN 0.24 ACRES ZONED DH-2, GREAT FOR COMMERCIAL USES, OFFICE, MULTIFAMILY, SCHOOLS, OR PLACES OF WORSHIP. THIS PROPERTY IS CURRENTLY A DUPLEX (1/1 AND STUDIO) SUCCESSFULLY OPERATING, WITH UPSIDE POTENTIAL DUE TO LOWER RENTS. THIS IS A GREAT OPPORTUNITY TO DEVELOP LAND WHILE ADVANTAGING FROM AN ALREADY EXISTING CASH-FLOW OR KEEP AS MULTIFAMILY FOR THE INCOME AND POTENTIAL UPSIDE. THE DUPLEX MAY BE BOUGHT TOGETHER WITH AN ADDITIONAL 5 UNITS LOCATED AT 411 COLUMBUS PKWY ALSO IN HOLLYWOOD, FOR A TOTAL OF 0.86 ACRES AND $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
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Additional Information
- Taxes
- $6,813
- Community Features
- Hollywood Little Ranches
- Property Description
- Unimproved Agri/Recreatn/Moblhome
- Zoning
- DH-2
- Utilities
- Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available
- Elementary School
- Oakridge
- Middle School
- Olsen
- High School
- South Broward
Listing Courtesy Of The Keyes Company, Contact: 561-866-9616