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 long term tenant, paying $1,450 and willing to stay. Second unit is: 2219 Polk St. #8A; ASKING $149,900 Vacant, upgraded and ready for rent at $1,600 p/month. Third unit is: 2219 Polk St. #1A; ASKING $145,000. Occupied by a long-term Section 8 tenant paying $1,600 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 2225 Polk St #8A
- City Hollywood
- County Broward
- Zip 33020
-
Price
$147,000
($255 / SqFt) - Status Active
- Subdivision Cypress Gardens Condomini
- Pets Allowed No
- MLS® # A11735390
- Property Type Residential
- Property Sub TypeCondominium
- Status Active
- Square Feet 576
- Year Built 1969
- Waterfront No
- Maintenance Fees $1,473 Quarterly
- Taxes $2,846
- Tax Year 2024
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020