1947 Madison St Active Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,039 sqft
Price per Sqft $320
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 !!! BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 OF WHICH 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. PROPERTY HAS RECENTLY BEEN FUMIGATED; 3 MONTHS AGO. 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 currently unrented unit #4. 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