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Off market

Buy a multi-family propertyat 2823 Monroe St, Hollywood, FL 33020

$450,000

$0/mo

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Multifamily

1,300 Sq. Ft.

419 Days on market

A11344273 MLS ID

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About 2823 Monroe St multi-family property

Welcome to this fantastic income producing property located in the heart of Hollywood, offering two separate units with individual electrical meters and a shared water meter, making it a great investment opportunity. The front unit features a central air conditioning system providing comfortable living, while the rear unit offers a mini split system for efficient cooling. Both units are equipped with washer and dryer units, offering maximum convenience to tenants. The property's leases are coming up for renewal in April, a great opportunity for a new owner to adjust rental rates to match the current market trends and maximize returns. Showing by appointment only, please do not disturb tenants.
Welcome to this fantastic income producing property located in the heart of Hollywood, offering two separate units with individual electrical meters and a shared water meter, making it a great investment opportunity. The front unit features a central air conditioning system providing comfortable living, while the rear unit offers a mini split system for efficient cooling. Both units are equipped with washer and dryer units, offering maximum convenience to tenants. The property's leases are coming up for renewal in April, a great opportunity for a new owner to adjust rental rates to match the current market trends and maximize returns. Showing by appointment only, please do not disturb tenants.

Property details

House

Architectural Style: Detached

Building Area Source: Owner

Building Area Total: 1300

Building Area Units: Square Feet

Building Name: HOLLYWOOD LITTLE RANCHES

Construction Materials: Brick

Living Area: 1300

Living Area Units: Square Feet

Stories: 1

Stories Total: 1

Structure Type: Duplex

Year Built: 1952

Year Built Details: Resale

Location

City: Hollywood

Coordinates: "-80.1641171", "26.0074473"

County Or Parish: Broward County

Latitude: 26.0074473

Longitude: -80.1641171

MLS Area Major: Hollywood Little Ranches

Postal Code: 33020

Postal Code Plus 4: 4743

State Or Province: FL

Street Name: Monroe St

Street Number: 2823

Street Number Numeric: 2823

Subdivision Name: HOLLYWOOD LITTLE RANCHES

Unparsed Address: 2823 Monroe St, Hollywood FL 33020

Cooling

Cooling: Electric, Wall/Window Unit(s)

Cooling YN: t

Exterior Features

Exterior Features: Exterior Lights, Room For Pool

Patio And Porch Features: Patio

Floors

Flooring: Tile

Heating

Heating: None, Window/Wall

Listing

Listing Id: A11344273

Listing Terms: All Cash, Conventional

List Price: 450000

Mls Status: Pending

Number Of Units In Community: 2

Number Of Units Total: 2

Rent Includes: Gardener, Sewer

Standard Status: Pending

Lot

Lot Features: Less Than 1/4 Acre Lot

Lot Size Units: Square Feet

Property

Parcel Number: 514216027440

Property Sub Type: Duplex

Property Type: Residential Income

Parking

Parking Total: 4

Possession

Possession: Funding

Taxes

Tax Annual Amount: 5900

Tax Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 3 W1/2 BLK 45

Tax Year: 2022

Water

Water Source: "Municipal Water"

Windows

Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds, Drapes, Sliding

Monthly cost

Estimated monthly cost

$2,916/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$423,000

+$13,500

$436,500

Seller agent commission$13,500 (3%)*

$0 (0%)

Buyer agent commission$13,500 (3%)*

$13,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $13,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:41 p.m.

Data updated: Mar 16, 2023 at 8:27 p.m.

Courtesy of Century 21 Edge.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 MIAMI and Miami REALTORS®. All Rights Reserved.

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