411 Columbus Parkway, Unit 1
Property Description
EXCELLENT CASH-FLOW OPPORTUNITY! OWN 5 MULTIFAMILY UNITS IN HOLLYWOOD, FLORIDA, SUCCESSFULLY RUNNING WITH LONG-TERM TENANTS AND UPSIDE POTENTIAL. THE UNIT MIX IS TWO STUDIOS AND THREE 1/1'S IN A PEACEFUL, WELL-MAINTAINED NEIGHBORHOOD JUST 2 MILES FROM I-95. THERE IS A LAUNDRY ROOM ON SITE WITH A COIN OPERATED WASHER/DRYER (LEASED MACHINES). THIS PROPERTY CAN BE ENJOYED AS-IS FOR AN EXCELLENT CASH-FLOW, OR CAN BE REDEVLOPED AS SINGLE OR MULTIFAMILY WITH A DENSITY OF UP TO 18 DU/ACRE (ZONED SR7 RM-18). THE PROPERTY MAY BE SOLD TOGETHER WITH DUPLEX AT 2322 JOHNSON STREET FOR A TOTAL OF 7 UNITS AND 0.86 ACRES. THE TOTAL PRICE FOR BOTH PROPERTIES IS $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
Broker Details
The Keyes Company (305) 371-3592
MLS ID: 63014927 State License Number: 3014927
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $900,000 |
| No. of Units: | 5 |
| Year Built: | 1959 |
| Lot Size: | 2,235.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $180,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 5 |
ID: 3yd-RMLSFL-R11164600
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