Investment property in Hollywood. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design. This unit has a Section 8 tenant, paying $1,600. The apartment passed the Holywood Housing Annual Inspection in 09/2024. 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. 2225 Polk St. #8AW; ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10 drive to beaches.
- Address 2219 Polk St #1A
- City Hollywood
- County Broward
- Zip 33020
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Price
$145,000
($252 / SqFt) - Status Active
- Subdivision Cypress Gardens Condomini
- Pets Allowed No
- MLS® # A11735346
- Property Type Residential
- Property Sub TypeCondominium
- Status Active
- Square Feet 576
- Year Built 1970
- Waterfront No
- Maintenance Fees $1,473 Quarterly
- Taxes $2,866
- Tax Year 2024
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020