2419-2421 Johnson St, Hollywood FL 33020,Hollywood,Broward County,Residential Income
Overview
- Duplex
- 2287
- 1980
Description
HUGE PRICE REDUCTION!!! RECENTLY UPDATED INVESTOR SPECIAL!!! SELLING BELOW RECENT APPRAISAL! 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 $2250/MONTH; (2) 2/2 RENTED AT $2250/MONTH. LARGE LOT FOR FUTURE RE-DEVELOPMENT. 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 9%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS (ALL ANNUAL LEASES RECENTLY SIGNED) WILLING TO STAY WITH RENTAL INCREASES OF 5% PER YEAR. DON’T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO INCREASE IN VALUE!!!
Address
Open on Google Maps- Address Johnson St
- City Hollywood
- State/county Broward County
- Zip/Postal Code 33020
- Area HOLLYWOOD TERRACE
Details
Updated on May 29, 2025 at 5:42 am- Property ID: A11811392
- Price: $699,000
- Property Size: 2287 Square Feet
- Year Built: 1980
- Property Type: Duplex
- Property Status: Residential Income
Features
Mortgage Calculator
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- Loan Amount
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- Property Tax
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