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1957 Monroe St, Hollywood FL 33020

Commercial Active With Contract
$2,500,000

BTC: 39.93302752

ETH: 823.94855924

84 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.

Location

Facts and features

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1992
Lot:
11472 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 11472 Square Feet

    Other Property Information

    • Parcel Number: 514215015430

    • Zoning: PS-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $17,062

  • Source details

    • MLS ID: A11524393

    Other facts

    • Construction Materials: Other

    • Window Features: Clear Impact Glass

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc