Price Reduced 2.53%

$965,000 ($365.53 per sqft)

Est. Mortgage $5,071/mo *

Quick Pre-Approval

Price History

$990,000
1/28/2024

$965,000
6/9/2024


1942 Monroe St, Hollywood, FL, 33020

1942 Monroe St, Hollywood, FL, 33020

1955

Fourplex

2,640 sqft

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.


Status:

Active

Type:

Multi-family

Zoning:

PS-2

Subdivision:

HOLLYWOOD

Heating:

Wall Furnace

Cooling:

Wall/Window Unit(s)

Parking:

6-car

Est. Taxes:

$8,495

Construction

Block,Other

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

133

Pool:

None

MLS #:

A11522777


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Fausto Commercial Realty Consultants Inc Phone: 305-431-2258