1947 Madison St ,Quadruplex, Hollywood for Sale

1947 Madison St for Sale

Price $998,000.00

• Lot size 3039
• Year Build 1967
• Waterfront
• Zip 33020
• Style Detached, Ranch
• Parking Description
• Pool Yes
• Status Active

Description

REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.

CASH ONLY OFFERS PLEASE.

HOLLYWOOD 1-21 B LOT 4 BLK 29

Less Than 1/4 Acre Lot

REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.

City:Hollywood,Roof:1:Shingle,Zoning:PS-2,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Latitude:26.0070328,Cooling Y N:1,List Price:998000,Listing Id:A11615060,Longitude:-80.1463632,Mls Status:Active,Year Built:1967,Living Area:3039,Postal Code:33020,Street Name:Madison St,Coordinates:1:26.0070328,Photos Count:76,Building Name:HOLLYWOOD,Days On Market:107,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,M L S Area Major:Hollywood,On Market Date:2024-06-30,Parcel Number:514215015660,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:2,Street Number:1947,M I A M I R E_ Style:Fourplex,Public Remarks:REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:United Realty Group Inc,Private Remarks:CASH ONLY OFFERS PLEASE.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:5482,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:HOLLYWOOD,Tax Annual Amount:15407,Unparsed Address:1947 Madison St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3039,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:328.3975,Original List Price:1200000,Previous List Price:975000,Public Survey Range:51,Architectural Style:1:Ranch,I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks:REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.,Listing Contract Date:2024-06-30,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:1947,Tax Legal Description:HOLLYWOOD 1-21 B LOT 4 BLK 29,Public Survey Township:51,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2551,M I A M I R E_ Internet Remarks:FANTASTIC INVESTMENT CONSISTING OF 5 UNITS: 3 2BEDROOMS 1 BATH, PLUS 2 1BEDROOM 1BATH. ALL UNITS RECENTLY REMODELED.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-06-30,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:328.4,Internet Automated Valuation Display Y N:1,