Totally renovated, legal fourplex set up as follows: Unit 1, 2/1 making $2,250 per month, Unit 2, 2/1 making $2,250 per month, Unit 3, 2/1 making $2,250 per month, Unit 4, making $1,350 per month. Total income is $8,100 per month or $97,200 per year. This is almost a 10% cap rate on current numbers, east of I-95 near downtown Hollywood! Tenants pay for all utilities. No owner expenses except prop taxes, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New AC’s.
Wholesale financing available DSCR, no income check with 20% down.
Wholesale financing available DSCR, no income check with 20% down.
Property Details
Price:
$899,000
MLS #:
A11630042
Status:
Active
Beds:
0
Baths:
0
Address:
2742 Pierce St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HOLLYWOOD LITTLE RANCHES
Neighborhood:
Hollywood Little Ranches
City:
Hollywood
Listed Date:
Jul 25, 2024
State:
FL
Finished Sq Ft:
4,418
Total Sq Ft:
4,418
ZIP:
33020
Year Built:
1940
Units:
4
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Schools
Interior
Cooling
Central Air
Flooring
Ceramic Floor, Tile
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2023
Taxes
$7,169
Map
Community
- Address2742 Pierce St Hollywood FL
- SubdivisionHOLLYWOOD LITTLE RANCHES
- CityHollywood
- CountyBroward County
- Zip Code33020
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