1858 Dewey St #1-12 ,Income Non-waterfront, Apartments for Sale

1858 Dewey St #1-12 for Sale

Price $2,799,000.00

• Lot size 10826
• Year Build 2019
• Waterfront
• Zip 33020
• Style
• Parking Description Common
• Pool Yes
• Status Active

Description

Offered at a 6.8% Cap Rate - 12 Units in Hollywood, FL. Renovated units, INSIDE & OUT. Fully furnished and fully rented with long-term tenants. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity, and water are all included in the rent. NOI of $195,800. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable ? ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental? in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.

6.8% Cap Rate - 12 Units in Hollywood, FL. Solid Tenants, RENOVATED UNITS. Fully furnished

HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11

City Location, Corner Unit, In Residential Area

Offered at a 6.8% Cap Rate - 12 Units in Hollywood, FL. Renovated units, INSIDE & OUT. Fully furnished and fully rented with long-term tenants. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity, and water are all included in the rent. NOI of $195,800. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable ? ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental? in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.

City:Hollywood,Zoning:PS-1,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.002904,List Price:2799000,Listing Id:A11386020,Longitude:-80.1445629,Mls Status:Active,Ownership:Other Ownership,Year Built:2019,Directions:SE Corner of Dewey and 19th Ave, 1 block West of US1/Federal Hwy,Inclusions:Building & Land,Furniture,Leases,Postal Code:33020,Street Name:Dewey St,Unit Number:1-12,Coordinates:1:26.002904,Gross Income:280800,Lot Features:1:Corner Unit,2:In Residential Area,Photos Count:18,Building Name:1858 DEWEY STREET,Days On Market:216,Listing Terms:1:Conventional/Refinance,Lot Size Acres:0.25,Lot Size Units:Square Feet,M I A M I R E_ Area:3070,On Market Date:2023-04-28,Other Expense:12000,Parcel Number:514222102180,Parking Total:14,Property Type:Commercial Sale,Stories Total:2,Street Number:1858,Trash Expense:2100,Public Remarks:Offered at a 6.8% Cap Rate - 12 Units in Hollywood, FL. Renovated units, INSIDE & OUT. Fully furnished and fully rented with long-term tenants. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity, and water are all included in the rent. NOI of $195,800. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable ? ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental? in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.,County Or Parish:Broward County,Frontage Length:200,List Office Name:East Coast Realty Brokerage LLC,Manager Expense:6000,Private Remarks:6.8% Cap Rate - 12 Units in Hollywood, FL. Solid Tenants, RENOVATED UNITS. Fully furnished,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,New Taxes Expense:34667,Postal Code Plus4:6063,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:34678,Unparsed Address:1858 Dewey St # 12, Hollywood FL 33020,Insurance Expense:8400,Listing Agreement:Exclusive Right To Sell,Operating Expense:71000,Security Features:1:Smoke Alarm,2:Smoke Detector(s),3:Security Lights,4:Security System,Year Built Details:Unknown,Building Area Total:3632,Building Area Units:Square Feet,Lot Size Square Feet:10826,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:2995000,Previous List Price:2859000,Public Survey Range:42,I D X Participation Y N:1,Net Operating Income:195000,Syndication Remarks:Offered at a 6.8% Cap Rate - 12 Units in Hollywood, FL. Renovated units, INSIDE & OUT. Fully furnished and fully rented with long-term tenants. All units have AC w/ split systems. Each unit has a flat-screen TV and a fully equipped kitchen with dining space. Wi-Fi + electricity, and water are all included in the rent. NOI of $195,800. Detailed financials are available with a fully executed non-disclosure agreement. They are located in an Opportunity Zone. This property has been updated, and tenants are stable ? ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental? in impeccable condition from top to bottom. NDA is required for detailed financials, and proof of funds is required for tours.,Listing Contract Date:2023-04-28,Originating System I D:miamire,Public Survey Section:22,Street Number Numeric:1858,Tax Legal Description:HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11,Electric On Property Y N:1,Gross Scheduled Income:280800,Public Survey Township:42,Construction Materials:1:Sheet Rock,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,M I A M I R E_ Internet Remarks:6.8% Cap Rate - 12 Units in Hollywood, FL. Solid Tenants, RENOVATED UNITS. Fully furnished,Contract Status Change Date:2023-04-28,Distance To Freeway Numeric:3,Number Of Units In Community:12,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,