This residential income property in Hollywood, Florida features a remodeled 4 bedroom, 2 bath home in the front, as well as a separate 1 bedroom, 1 bath cottage in the rear. The property boasts separate electric meters for each unit, offering convenience and flexibility for tenants. With the added potential income from renting out the cottage, this property provides a great investment opportunity for those looking to invest in the desirable Hollywood area, which offers easy access to local attractions, shopping, dining, and entertainment. Property has a new septic tank. Operational expenses: $700/m insurance; $300 water/trash. Tenants takes care of electricity and lawn care. Front unit leased at $2,940/month until October 31st. Rear unit is vacant, with a rental market value of $1,500.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 21st September, 2023 8:41 AM (UTC)
Listing Office: The Keyes Company
Interested in this property?
LUXURY REAL ESTATE SPECIALIST / WERC REALTY
Michael J Johnigean, PLLC161 Aragon Ave, Coral Gables, Florida 33134