About this home
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.
Listing last checked: Listing updated:
Listed by Federico Rochwerger PA · Keyes Company · MLS #R11164600
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Details at a glance
Interior3 property facts
- Heating
- Other
- Cooling
- Wall/Window Unit(s)
- Flooring
- Ceramic Tile
Building3 property facts
- Style
- Multi Family
- Year built
- 1959
- Roof
- Composition
Land & utilities4 property facts
- Lot size
- 0.62 acres
- Water
- Public
- Sewer
- Septic Tank
- Zoning
- SR7 RM-18
Financial2 property facts
- Annual taxes
- $13,473
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $900,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,674 / monthAdjust
- Principal & interest
- $4,551
- Property tax
- $1,123
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $13,473. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 411 Columbus Parkway #1-5
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