1947 Madison St Active

Hollywood,FL 33020

$ 998000

- Bed

0 Bath

3039 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,039 sqft

Price per Sqft $328

Subdivision Hollywood

MLS Listing ID A11615060

Style Fourplex

Year Built 1967

Annual Tax Amount $15,407

Tax Year 2023

Property Description

REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.

Location

State FL

County Broward

Community Hollywood

Area 3050

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Laminate,Other

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Barrel,Shingle

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Structure Type Brick,Block

Others

Acceptable Financing Cash

Listing Terms Cash

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