411 Columbus Parkway Unit #1-5, Hollywood, FL 33021
- $900,000
- 5
- BA
- List Price
- $900,000
- MLS#
- R11164600
- Status
- ACTIVE
- Type
- Commercial
Property Description
EXCELLENT CASH-FLOW OPPORTUNITY! OWN 5 MULTIFAMILY UNITS IN HOLLYWOOD, FLORIDA, SUCCESSFULLY RUNNING WITH LONG-TERM TENANTS AND UPSIDE POTENTIAL. THE UNIT MIX IS TWO STUDIOS AND THREE 1/1'S IN A PEACEFUL, WELL-MAINTAINED NEIGHBORHOOD JUST 2 MILES FROM I-95. THERE IS A LAUNDRY ROOM ON SITE WITH A COIN OPERATED WASHER/DRYER (LEASED MACHINES). THIS PROPERTY CAN BE ENJOYED AS-IS FOR AN EXCELLENT CASH-FLOW, OR CAN BE REDEVLOPED AS SINGLE OR MULTIFAMILY WITH A DENSITY OF UP TO 18 DU/ACRE (ZONED SR7 RM-18). THE PROPERTY MAY BE SOLD TOGETHER WITH DUPLEX AT 2322 JOHNSON STREET FOR A TOTAL OF 7 UNITS AND 0.86 ACRES. THE TOTAL PRICE FOR BOTH PROPERTIES IS $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.
Additional Information
- Days on Market
- 161
- Tax Amount
- $13,473
- Water Access
- Building Only, Business And Building
- Parcel Number
- 514113030350
- Directions
- FROM I-95 TAKE EXIT 20 HOLLYWOOD BOULEVARD, GO WEST. MAKE A RIGHT (NORTH) ON N 58TH AVE, GO RIGHT ON THE 7TH EXIT IN THE ROUND ABOUT ON COLUMBUS PKWY. PROPERTY WILL BE ON THE RIGHT.
- Address
- 411 Columbus Parkway Unit #1-5, Hollywood
- Year Built
- 1959
Mortgage Calculator
Listing Courtesy of The Keyes Company, Contact: 561-866-9616