2419 Johnson St
Hollywood, Florida
$699,900 Rental Price
- Bedrooms   - Baths

HUGE PRICE REDUCTION!!! INVESTOR SPECIAL!!! SELLING FOR LESS THAN RECENT APPRAISAL! GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF HOLLYWOOD, FL. THE PROPERTY HAS 2 UNITS: (1) 3/2 RENOVATED AND RENTED BELOW MARKET PRICE AT $1850/MONTH; (2) 2/2 RENTED AT $2100/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE...

HUGE PRICE REDUCTION!!! INVESTOR SPECIAL!!! SELLING FOR LESS THAN RECENT APPRAISAL! GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF HOLLYWOOD, FL. THE PROPERTY HAS 2 UNITS: (1) 3/2 RENOVATED AND RENTED BELOW MARKET PRICE AT $1850/MONTH; (2) 2/2 RENTED AT $2100/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. CURRENT ZONING IS RM-9. WELL MAINTAINED. TENANTS PAY THEIR OWN UTILITY BILLS FOR WATER/SEWER/GARBAGE AND ELECTRICITY ON SEPARATE METERS. RAISE RENTS TO MARKET PRICES AND EASILY ACHIEVE 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES. DON'T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO GO UP IN VALUE!!!

Listing courtesy of Landau Realty Group

 

Listing Details

Hollywood, Florida
Type: Rental
Price: $699,900
Approx. square footage: 2,287 sf
Web ID: 11592770
MLS ID: A11592770

Info & Amenities

Type: Duplex
Built: 1980
Pool: Yes

Map of Area for 2419 Johnson St

Listing Agent(s)