411 Columbus Parkway # 1-5, Hollywood, FL 33021

About This Home

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.

Property Details

Flooring

Ceramic Floor

Heating

Other

Cooling

Wall/Window Unit(s)

Building & Association

Stories

1

Stories Total

1

Association

No

Security Features

No Fire Protection, No Security

Lot & Construction

Lot Features

City Location, 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Septic

Lot Size Square Feet

0

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Composition Roll

New Construction

No

Public Records

Parcel Number

514113030350

Tax Annual Amount

$13,473

Tax Year

2,025

Zoning

SR7 RM-18

County Or Parish

Broward County

Location