Two 4Plexes Fourplex For Sale
6208 Dewey St, Hollywood, FL 33023

$1,450,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10457616
  • Virtual Tour: YES
  • List Price: $1,450,000
  • Living Area: 1826 Ft² / 170 M²
  • Price Per Foot/Meter: $794 / $8,547
  • Taxes:$25,174
  • Year Built:1964
  • Listing Date:August 22, 2024
  • Days On Market:91
  • Total Units:1

Description


The subject property is two contiguous fourplexes listed for $750,000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.

Features


  • Floor:CeramicTile
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker