1942 Monroe St ,Attached, Quadruplex, Hollywood for Sale

1942 Monroe St for Sale

Price $925,000.00

• Lot size 2640
• Year Build 1955
• Waterfront
• Zip 33020
• Style Attached
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=

HOLLYWOOD 1-21 B LOT 26 BLK 29

Less Than 1/4 Acre Lot

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

City:Hollywood,Roof:1:Shingle,Zoning:PS-2,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Terrazzo,2:Tile,Latitude:26.0074833,Cooling Y N:1,Heating Y N:1,List Price:925000,Listing Id:A11522777,Longitude:-80.1462725,Mls Status:Active With Contract,Year Built:1955,Living Area:2640,Postal Code:33020,Street Name:Monroe St,Coordinates:1:26.0074833,Photos Count:13,Building Name:HOLLYWOOD,Days On Market:165,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,M L S Area Major:Hollywood,On Market Date:2024-01-28,Parcel Number:514215015780,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,Street Number:1942,M I A M I R E_ Style:Fourplex,Public Remarks:Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,Postal Code Plus4:7830,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:HOLLYWOOD,Tax Annual Amount:8495,Unparsed Address:1942 Monroe St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2640,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:365.5303,Original List Price:990000,Previous List Price:990000,Public Survey Range:51,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.,Listing Contract Date:2024-01-28,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:1942,Tax Legal Description:HOLLYWOOD 1-21 B LOT 26 BLK 29,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:2640,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-01-28,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:365.53,Internet Automated Valuation Display Y N:1,