Fantastic opportunity for rental income or redevelopment. 16 Room Motel plus adjacent 2 story 4 plex. Both currently operating as long term rental units. Fully occupied. All rents are well below market. Huge add value to operator who would utilize the motel license and rent short term to potentially double the existing cap rate. 4-Plex consists of 2 1/1s and 2 2/1s also fully occupied with long term tenants.
For Sale Quiet Wooded Duplex in Hollywood, Florida - East of Federal, walk to beaches and two golf courses. Excellent investment property.Fully occupied Unit 1 (leased for 12 months starting now, just renewed) at $1,000 per month Unit 2 (leased for 12 months starting now, just renewed) at $900 per month (kitchen is older) Total monthly rent roll is $1,900 per month CAP is 6% Expenses - $160 per month for water, $2,000 approx for insurance, $3,000 for taxes Tenants pay electric and gas and cable Two (2) x 1 bed-1 bath units. Currently rented, earns $1,900.00 USD per month. Please do not bother tenants. To arrange a showing, please call Joe at 310-383-2593. Residential Income, Attached, Duplex Built 1959 new roof- fully occupied
Great Duplex in lovely quiet street. Income producing duplex in sought after Hollywood Park. Front unit is a 3 bed/2 bath and rear unit is a 2 bed/1 bath. Both feature bright and open floor plans and generous kitchen and laundry! FULLY RENOVATED 3/2...RENTING AT 2 BEDROOM PRICE...READY TO MOVE IN...NO ASSOCIATION.
ATTENTION INVESTORS! PRIME INVESTMENT PROPERTY EAST OF US1 -FEDERAL HWY IN HOLLYWOOD FLORIDA. SUBJECTED PROPERTY CONSIST OF 3 BUILDINGS TOTAL SQ FT 6095 SQ.FT. 7 UNITS -11 BEDROOMS 11 PARKING SPACES. CASH ONLY.
ADDED VALUE OPPORTUNITY $715/Mth for (1/1) Apt. 2308 Jackson St is a 9 unit Multi-Family property located in Hollywood FL. 2308 Jackson St. It consists of 9 one bedroom one bath apartments and approximately 4,806 square feet. The property was originally built in 1959 however in the 1990' s seven (7) additional units were constructed. Almost all apartments have newer appliances. The HVAC is a mix if central (7 units) and unit A/C' s (2 units). Parking appears ample. 2308 Jackson St is in the Highland Garden neighborhood in Hollywood, FL. The average list price for Highland Garden is $184,523.
First time to market in 28 years... This is a great 3-building mixed use property with a 6,600 SF warehouse containing 4 bays and two (2) residential buildings containing four (4) residential units. 100% Leased. - All units are fully leased with long term tenants. - Great cash flow with below market rents generating a 9.73% cap rate. - Could be owner user occupied. - Each warehouse bay is approx. 1,600 SF, 14 ft. clear span ceiling height with a 12x12 overhead door. Rents avg. $7.50 psf gross. - Four (4) residential units are approx. 500 SF with each averaging $9.30 psf gross rents. - All rentals (warehouse and residential) are gross rents less electricity and water paid by the tenant. - All gross rents in the complex are priced below market, but the long term tenants make it easy to manage. - This property is in good shape including roofs on each of the three buildings.
Marcus & Millichap, as exclusive listing agent, is pleased to bring to market Dewey Street Apartments, a nine-unit multifamily property, located at 1858 Dewey Street, on the corner of Dewey Street and South 19th Avenue in the city of Hollywood, Florida. The property is situated just west of South Federal Highway and south of Hollywood Boulevard. The property was constructed in 1965 and is situated on a 0.25-acre lot. Dewey Street Apartments consists of seven studios and two, one-bedroom/one-bathroom units. There are four electrical meters that service the entire building. The owner pays electric for all of the units.
4 unit multi-residential building. 100% occupied. Fully renovated interior and exterior. All leases are annual. Can be purchased with 2 other buildings.
Value-add, stable multifamily property with long term tenants. Below market rate. MTM tenants situation would allow to raise the rent.
Duplex with 2 separate homes on a large lot. One home is a 3/1 just painted currently rented for $1500.00 and the other unit is a 2/1 currently occupied by tenant for the last 4 years paying low rent of $1200. Property features two separate driveways each with two vehicle capacity. Roofs are in good condition and Central A/C units both run well. Main Septic line just replaced. Property is in up and coming area with many Townhouse communities being developed.