Homes for sale - 1942 Monroe St, Hollywood, FL 33020

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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$925,000

Est. payment - /mo

2,640 SqFt

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UPDATED:

10/23/2024 09:06 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $350

Subdivision Hollywood

MLS Listing ID A11522777

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $8,495

Tax Year 2023

Contingent Pending Inspections

Property Description

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, brand new roof, 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.

Location

State FL

County Broward

Community Hollywood

Area 3040

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Terrazzo, Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other,Shingle

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block,Other

Construction Status Resale

Others

Tax ID 514215015780

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Fausto Commercial Realty Consultants Inc

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Tyler Coon

+1(828) 620-2541

Founder & CEO | License ID: 313885

Founder & CEO License ID: 313885

1942 Monroe St Hollywood, FL 33020

Tyler Coon

Tyler Coon

Key Details

Location

Interior

Exterior

Building

Others

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1942 Monroe St