2419-2421 Johnson St ,Attached, Duplex, Hollywood Terrace for Sale

2419-2421 Johnson St for Sale

Price $799,000.00

• Lot size 2287
• Year Build 1980
• Waterfront
• Zip 33020
• Style Attached
• Parking Description
• Pool Yes
• Status Active

Description

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 $1850/MONTH; (2) 2/2 RENTED AT $2150/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. 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 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES.

HOLLYWOOD TERRACE 3-12 B LOT 23 BLK 7

Less Than 1/4 Acre Lot

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 $1850/MONTH; (2) 2/2 RENTED AT $2150/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. 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 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES.

City:Hollywood,Zoning:RM-9,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Flooring:1:Tile,Latitude:26.018919,Cooling Y N:1,Heating Y N:1,List Price:799000,Listing Id:A11592770,Longitude:-80.155481,Mls Status:Active,Year Built:1980,Directions:PLEASE USE GPS,Living Area:2287,Postal Code:33020,Street Name:Johnson St,Coordinates:1:26.018919,Photos Count:2,Building Name:HOLLYWOOD TERRACE,Days On Market:1,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:Hollywood Terrace,On Market Date:2024-05-22,Parcel Number:514209031740,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Other Rent Incl,2:Pest Control,Stories Total:1,Street Number:2419-2421,M I A M I R E_ Style:Duplex,Public Remarks: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 $1850/MONTH; (2) 2/2 RENTED AT $2150/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. 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 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES.,County Or Parish:Broward County,List Office Name:Landau Realty Group,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3922,Property Sub Type:Duplex,State Or Province:FL,Subdivision Name:HOLLYWOOD TERRACE,Tax Annual Amount:9514,Unparsed Address:2419-2421 Johnson St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2287,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:349.366,Original List Price:799000,Public Survey Range:51,Documents Available:1:Copy Of Lease(S),2:Service Contracts,I D X Participation Y N:1,Number Of Units Total:2,Syndication Remarks: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 $1850/MONTH; (2) 2/2 RENTED AT $2150/MONTH. LARGE LOT FOR POTENTIAL REDEVELOPMENT IN THE FUTURE. 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 8%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS WILLING TO STAY WITH RENTAL INCREASES.,Listing Contract Date:2024-05-22,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:2419,Tax Legal Description:HOLLYWOOD TERRACE 3-12 B LOT 23 BLK 7,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:2287,M I A M I R E_ Internet Remarks:GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF BOOMING HOLLYWOOD, FL. LARGE LOT FOR REDEVELOPMENT. WELL MAINTAINED. CURRENT ZONING RM-9.,Contract Status Change Date:2024-05-22,Internet Address Display Y N:1,Number Of Units In Community:2,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: .01%, 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:349.37,Internet Automated Valuation Display Y N:1,