411 Columbus Parkway Unit #1-5, Hollywood, FL 33021

$900,000
5
BA

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List Price
$900,000
Days on Market
204
MLS#
R11164600
Year Built
1959
Bathrooms
5
Acres
0.62

Property Description

EXCELLENT CASH-FLOW OPPORTUNITY! OWN 5 MULTIFAMILY UNITS IN HOLLYWOOD, FLORIDA, SUCCESSFULLY RUNNING WITH LONG-TERM TENANTS AND UPSIDE POTENTIAL. THE UNIT MIX IS TWO STUDIOS AND THREE 1/1'S IN A PEACEFUL, WELL-MAINTAINED NEIGHBORHOOD JUST 2 MILES FROM I-95. THERE IS A LAUNDRY ROOM ON SITE WITH A COIN OPERATED WASHER/DRYER (LEASED MACHINES). THIS PROPERTY CAN BE ENJOYED AS-IS FOR AN EXCELLENT CASH-FLOW, OR CAN BE REDEVLOPED AS SINGLE OR MULTIFAMILY WITH A DENSITY OF UP TO 18 DU/ACRE (ZONED SR7 RM-18). THE PROPERTY MAY BE SOLD TOGETHER WITH DUPLEX AT 2322 JOHNSON STREET FOR A TOTAL OF 7 UNITS AND 0.86 ACRES. THE TOTAL PRICE FOR BOTH PROPERTIES IS $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.

Additional Information

Taxes
$13,473
Community Features
Not Found
Property Description
Multi Family
Zoning
SR7 RM-18
Utilities
Septic
Heating
Other
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
CBS Construction
Roof
Composition Roll

Listing Courtesy Of The Keyes Company, Contact: 561-866-9616

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