Seller Financing
Address
1942 Monroe St, Hollywood, FL
Price
$ 990,000
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
Property vs Income Average in 33020
Price
Taxes
Visits
Year Built
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Data Last Updated: May 21, 2024 6:49 PM UTC
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
