$2,599,000 UNIQUE SOUTH FLORIDA INCOME-PRODUCING PORTFOLIO! Opportunity to acquire 9 existing rental units consisting of four duplexes plus a single-family home, situated across two folios in Hollywood. Currently generating approximately $17,415 per month / $208,980 annually in gross rental income, with additional upside potential. RM-9 multifamily zoning may offer the potential to convert/redevelop the existing single-family home into a 5th duplex for additional rental income, subject to City approval, zoning, density, permitting and other applicable requirements. Buyer to independently verify development potential with the City of Hollywood. Additional opportunity to increase existing rents. Excellent location near the Seminole Hard Rock Hotel & Casino with convenient access to the Florida Turnpike I-95 and Hard Rock Stadium. Seller financing may be considered at 7% with substantial down payment and first-lien position. Current owner is retiring. Possible 1031 Exchange. B26085108 MLS UNIQUE SOUTH FLORIDA INCOME-PRODUCING PORTFOLIO! Opportunity to acquire 9 existing rental units consisting of four duplexes plus a single-family home, situated across two folios in Hollywood. Currently generating approximately $17,415 per month / $208,980 annually in gross rental income, with additional upside potential. RM-9 multifamily zoning may offer the potential to convert/redevelop the existing single-family home into a 5th duplex for additional rental income, subject to City approval, zoning, density, permitting and other applicable requirements. Buyer to independently verify development potential with the City of Hollywood. Additional opportunity to increase existing rents. Excellent location near the Seminole Hard Rock Hotel & Casino with convenient access to the Florida Turnpike I-95 and Hard Rock Stadium. Seller financing may be considered at 7% with substantial down payment and first-lien position. Current owner is retiring. Possible 1031 Exchange. 5619 Mckinley Unit A-H, Hollywood
$774,999 EXCELLENT INVESTMENT OPPORTUNITY-STRONG RENTAL HISTORY! W. HOLLYWOOD FOURPLEX (2) DUPLEXES (1) ONE TAX FOLIO#. WELL MAINTAINED & PROFESSIONALLY MANAGED- NEW ROOFS IN '24-1 ELECTRIC METER/1 WATER METER ON PROPERTY-WATER/ELECTRIC ARE INCL. IN TENANT'S RENT. WEST BLDG: ONE-STORY DUPLEX: UNIT #A; 1 BED/1 BATH RENTED $1,500/MO. LEASE END 8/27 UNIT #B; 2 BED/1 BATH RENTED $1,600/MO. LEASE END 7/27 EAST BLDG: 2-STORY TOWNHOUSE(S) UNIT #C 1 BED/2 BATH TOWNHOUSE WITH LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS- RENTED $1,650/MO. LEASE ENDS 9/27 UNIT #D 1 BED/2 BATH TOWNHOUSE-W/LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS-RENTED $1,400/MO. LEASE ENDS 1/27 ALL UNITS RENT QUICKLY, WITH LITTLE TO NO VACANCIES. CLOSE TO HARDROCK CASINO - NO SELLER FINANCING! F10456103 MLS EXCELLENT INVESTMENT OPPORTUNITY-STRONG RENTAL HISTORY! W. HOLLYWOOD FOURPLEX (2) DUPLEXES (1) ONE TAX FOLIO#. WELL MAINTAINED & PROFESSIONALLY MANAGED- NEW ROOFS IN '24-1 ELECTRIC METER/1 WATER METER ON PROPERTY-WATER/ELECTRIC ARE INCL. IN TENANT'S RENT. WEST BLDG: ONE-STORY DUPLEX: UNIT #A; 1 BED/1 BATH RENTED $1,500/MO. LEASE END 8/27 UNIT #B; 2 BED/1 BATH RENTED $1,600/MO. LEASE END 7/27 EAST BLDG: 2-STORY TOWNHOUSE(S) UNIT #C 1 BED/2 BATH TOWNHOUSE WITH LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS- RENTED $1,650/MO. LEASE ENDS 9/27 UNIT #D 1 BED/2 BATH TOWNHOUSE-W/LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS-RENTED $1,400/MO. LEASE ENDS 1/27 ALL UNITS RENT QUICKLY, WITH LITTLE TO NO VACANCIES. CLOSE TO HARDROCK CASINO - NO SELLER FINANCING! 1521 N 59th Terrace, Hollywood