Description

Huge price reduction!!! recently updated investor special!!! selling below recent appraisal! great income producing property located in the heart of hollywood, fl. the property has 2 units: (1) 3/2 renovated and rented below market price at $2250/month; (2) 2/2 rented at $2250/month. large lot for future re-development. current zoning is rm-9. well maintained. tenants pay their own utility bills for water/sewer/garbage and electricity on separate meters. raise rents to market prices and easily achieve 9%+ cap rate with minimal involvement or effort. great for out-of-town investors. long term tenants (all annual leases recently signed) willing to stay with rental increases of 5% per year. don't miss this opportunity! easy to manage and certain to increase in value!!!

• Property Type

  ResidentialIncome

• Subdivision

  Hollywood Hills

• County

  Broward

• Style

  ResidentialIncome

• AD ID

  49956807