Hollywood Terrace Duplex For Sale
2419-2421 Johnson St, Hollywood, FL 33020

$699,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11811392
  • Virtual Tour: YES
  • List Price: $699,000
  • Living Area: 2287 Ft² / 212 M²
  • Price Per Foot/Meter: $306 / $3,290
  • Taxes:$8,514
  • Year Built:1980
  • Listing Date:May 28, 2025
  • Days On Market:46

Description


HUGE PRICE REDUCTION!!! RECENTLY UPDATED INVESTOR SPECIAL!!! SELLING BELOW 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 $2250/MONTH; (2) 2/2 RENTED AT $2250/MONTH. LARGE LOT FOR FUTURE RE-DEVELOPMENT. 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 9%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS (ALL ANNUAL LEASES RECENTLY SIGNED) WILLING TO STAY WITH RENTAL INCREASES OF 5% PER YEAR. DON'T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO INCREASE IN VALUE!!!

Features


  • Floor:CeramicTile, Tile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker