Hollywood, FL 33020,1957 Monroe St
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Hollywood, FL 33020,1957 Monroe St
Hollywood, FL 33020,1957 Monroe St
Hollywood, FL 33020,1957 Monroe St
Hollywood, FL 33020,1957 Monroe St

$2,150,000

Est. payment /mo

$2,500,000

14.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1957 Monroe St Hollywood, FL 33020

5,054 SqFt

SOLD DATE : 05/30/2024

Key Details

Sold Price $2,150,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $425

MLS Listing ID A11524393

Sold Date 05/30/24

Construction Status Resale

HOA Y/N No

Year Built 1992

Annual Tax Amount $17,062

Tax Year 2023

Contingent Pending Inspections

Lot Size 0.263 Acres

Property Description

We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.

Location

State FL

County Broward County

Area 3040

Interior

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Window Features Impact Glass

Exterior

Roof Type Barrel,Other,Tile

Total Parking Spaces 12

Building

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block,Other

Construction Status Resale

Others

Tax ID 514215015430

Acceptable Financing Cash, Conventional, Owner May Carry, Other

Listing Terms Cash, Conventional, Owner May Carry, Other

Financing Cash

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Listed by Fausto Commercial Realty Consultants Inc
Bought with Landrich Real Estate, Inc.

Johanna Izaguirre

Realtor | License ID: 3353581

+1(305) 788-0336

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