5619 MCKINLEY Unit A-H, Hollywood, FL 33021
- $2,699,900
- 7,322
- SqFt
- List Price
- $2,699,900
- Price Change
- ▼ $100,000 1790462272
- Days on Market
- 50
- MLS#
- B26062106
- Sq. Ft
- 7,322
- Subtype
- Duplex
- County
- Broward
- Subdivision
- Hollywood Country Estates
- Year Built
- 1990
Property Description
RARE 9-UNIT INVESTMENT OPPORTUNITY! Excellent opportunity to acquire an established income-producing property consisting of 4 duplexes plus 1 single-family home situated across 2 folios. All 9 units are currently generating a combined $17,415 per month in gross rental income - approximately $208,980 annually. Strong existing rental income with immediate cash flow. Conveniently located near the Seminole Hard Rock Hotel & Casino, with easy access to the Florida Turnpike and I-95, and close to Hard Rock Stadium. Unique opportunity for an investor to acquire multiple rental units together in a highly accessible South Florida location. Seller may finance @7% with a large downpayment. 1st Lien position only. New owner can raise rents to $2,100-$2,500.00 per door for the 8 units and the house which is currently being used as the management office can be rented for $3100.00 -$3400.00 per month. Current Owner is retiring, Possible 1031 Exchange
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Additional Information
- Pets Allowed
- Cats OK, Dogs OK, Pet Fee, Size Limit, Yes
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central, Individual
- Restrict
- NoRestrictions, OkToLease
- Roof
- Shingle
- Taxes
- $27,722
- Utilities
- Cable Available, Electricity Available, Sewer Connected, Water Connected
- Stories
- 1
- Acres
- 0.80
- Price Per Sqft
- $368
- Elementary School
- Sheridan Hills
- Middle School
- Attucks
- High School
- South Broward
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Listing courtesy of CSRF Real Estate. Contact:
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Agent: Brian Davis | Email: courtsideinvestments@gmail.com