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6101 Garfield St, Hollywood, FL 33024

Multi-family For Sale
$1,200,000

BTC: 18.90195101

ETH: 494.39072523

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

Overview

Presenting an opportunity to acquire this well-maintained 6-unit residential multifamily investment property in Hollywood, Florida. The property comprises of 4 one-bedroom, one bathroom units ($1,450 average rent) and 2 two-bedroom, two bathroom units ($1,500 per unit). Rents are below market, offering potential for increase. Onsite parking is available and there's a laundry room with coin operated machines which generates additional income. With low maintenance costs and approximately 6% cap rate, this property features strong net operating income and significant growth opportunities. Located in close proximity to the Hard Rock Hotel and Casino and situated in a mixed-use development area, it benefits from high rental demand & high occupancy rates. Don't miss out on this opportunity!

Location

Facts and features

Type:
Residential Income
Parking:
Common Parking
Year Built:
1973
Lot:
No Data
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central Individual A/C

    Cooling

    • Central Building A/C

  • Parking

    • Common Parking

    Other Property Information

    • Parcel Number: 514112050331

    • Zoning: C-MU

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $14,863

  • Source details

    • MLS ID: F10461031

    Other facts

    • Construction Materials: Concrete Block Construction,Cbs Construction

    • Lot Features:

    • Patio And Porch Features:

    • Pool Features:

    • Direction Faces: SEE GPS

    • Lot Size Dimensions: 10787

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: Charles Rutenberg Realty FTL