OFF MARKET

2104 14th Ave

Broward County, FLAMINGO MANORS, Hollywood, FL

Asking

$599,000

BTC

9.473

ETH

233.27

Home Size
1,967 sq. ft.
Year Built
1973
This 2 unit multifamily building is located in an extremely desirable area within West Hollywood. The physical property consists of 1,967 leasable SF, well situated on a 6,372 sf lot. The property is currently 100% leased to 2 month to month tenants. The 2 bed and 1 bath apartment are leased at $1,600 per month and the 3 bed and 2 bath apartment is leased for $1,900 per month. The property is grossing $42,000 per year. The tenants pay all utilities. After all expenses this property is netting $28,732 per year providing an investor with a 4.8% actual capitalization rate at full asking price. Month to month tenancy allows investor to raise rent post closing.

LOADING

Location

Market Area
Broward County
Neighborhood
FLAMINGO MANORS

Agent

John DeMarco

+1 310 910 1722

Contact Email

[email protected]