Property Attributes
- MLS#A11522777
- TypeIncome
- CountyBROWARD
- CityHollywood
- Area3040
- NeighborhoodHOLLYWOOD
- Zip33020
- StyleFourplex
- Year Built1955
- Taxes$ 8495
- Price$ 990,000
- Bedrooms10
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage2640
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Seller financing available! Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.
Price History | |
---|---|
1/29/2024 | Listed $990,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | WallFurnace |
Cooling | WallWindowUnits |
Utilities | CableAvailable |
Possession | ClosingFunding |
Roof | Other,Shingle |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block,Other |
Year Built | 1955 |
Stories | 1 |
Levels | One |
Property SubType | Quadruplex |
Tax Year | 2023 |
County | Broward County |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | HOLLYWOOD |
Garage Y/N | No |
Rent Includes | Sewer,TrashCollection,Water |
Status | Active |
City | Hollywood |
Buyer Agent Compensation | 2% |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | PS-2 |
MLS Area | 3040 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Monroe St |
Listing Terms | Cash,Conventional,FHA,OwnerMayCarry |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 8495.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
MLS Area Minor | Hollywood East (3010-3050) |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11522777 |
Days on Market | 1 |
Standard Status | Active |
Occupancy Description | Tenant |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Hollywood |
Legal Description | HOLLYWOOD 1-21 B LOT 26 BLK 29 |
Interior Features
Flooring | Other,Terrazzo,Tile |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | ImpactGlass |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Total Parking | 6.0 |
Spa | No |
Building Area Total | 2640.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool