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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $333
Subdivision Hollywood
MLS Listing ID A11522777
Sold Date 12/09/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $8,495
Tax Year 2023
Contingent No Contingencies
Property Description
Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.
Location
State FL
County Broward
Community Hollywood
Area 3040
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other, Terrazzo, Tile
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other,Shingle
Total Parking Spaces 6
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories One
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 514215015780
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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