1942 Monroe St Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $350
Subdivision Hollywood
MLS Listing ID A11522777
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $8,495
Tax Year 2023
Contingent Pending Inspections
Property Description
Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.
Location
State FL
County Broward
Community Hollywood
Area 3040
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other,Terrazzo,Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other,Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 514215015780
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA