Property Attributes
- MLS#A11551098
- TypeIncome
- CountyBROWARD
- CityHollywood
- Area3020
- NeighborhoodLiberia
- Zip33020
- StyleFourplex
- Year Built1956
- Taxes$ 14036
- Price$ 1,999,900
- Bedrooms8
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage3802
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Attention investors! 7 unit multifamily property with 100% occupancy on annual leases consisting of (6) 1bedroom with 1 bathroom & (1) 2 bedroom 1 bathroom units. This income producing property is located in an opportunity zone and has an estimated gross annualized rent (GAR) of $142,200 yielding an approximate 5.63%CAP rate. Each unit has their separate electricity meter and pays a monthly water surcharge in addition to the rent.
Price History | |
---|---|
3/15/2024 | Listed $2,200,000 |
3/26/2024 | 10% - $1,999,900 |
General Features
Sewer | PublicSewer |
---|---|
Heating | None |
Cooling | WallWindowUnits |
Utilities | CableAvailable |
Possession | ClosingFunding |
Roof | BuiltUp |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1956 |
Stories | 1 |
Levels | One |
Property SubType | Quadruplex |
Tax Year | 2023 |
County | Broward County |
Net Operating Income | 112618.0 |
Operating Expense | 29581.0 |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | Liberia |
Garage Y/N | No |
Rent Includes | Gardener,Sewer,TrashCollection,Water |
Status | Active |
City | Hollywood |
Buyer Agent Compensation | 2% |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | RS-1 |
MLS Area | 3020 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Douglas St |
Listing Terms | Cash,Conventional |
Property Attached Y/N | No |
Year Built Details | Unknown |
Land Lease Y/N | No |
Tax Annual Amount | 14036.0 |
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/A11551098 |
Days on Market | 53 |
Standard Status | Active |
Occupancy Description | Tenant |
Total Actual Rent | 142200.0 |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Hollywood |
Legal Description | LIBERIA 1-34 B LOT 29,30 BLK 14 |
Interior Features
Flooring | Laminate |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | No |
Window Features | Blinds |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Water Source | Public |
Total Parking | 0.0 |
Spa | No |
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