$850,000
$925,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2,414 SqFt
SOLD DATE : 08/12/2024
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,414 sqft
Price per Sqft $352
Subdivision Hollywood
MLS Listing ID A11523564
Sold Date 08/12/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1975
Annual Tax Amount $8,534
Tax Year 2023
Contingent No Contingencies
Property Description
Introducing 711 S 20th Ave in Hollywood, a fantastic fourplex offering a compelling investment opportunity. Consisting of four spacious 1-bed/1-bath units, all currently occupied, this property presents an opportunity to unlock an impressive $86,000 annual income by adjusting rents to market rates. Engineered for efficiency, it features separate electric meters, impact windows, central AC units and a brand new roof, ensuring cost-effective maintenance. Strategically positioned just a 2-minute drive from Young Circle, this investment not only promises financial returns but also enjoys a prime location. Parking is a breeze with 4 assigned spaces (1 for each tenant), enhancing tenant convenience.
Location
State FL
County Broward County
Community Hollywood
Area 3040
Interior
Heating Central, Other
Cooling Central Air, Other
Flooring Other, Terrazzo, Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 514215016230
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
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Bought with CARLA N PRADO
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