Hollywood, FL 33020,711 S 20th Ave
Hollywood, FL 33020,711 S 20th Ave
Hollywood, FL 33020,711 S 20th Ave
13
$850,000
$925,000
8.1%
Est.Price: ?

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2,414 SqFt

711 S 20th Ave Hollywood, FL 33020

Est. payment /mo
SOLD DATE : 08/12/2024

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Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,414 sqft

Price per Sqft $352

Subdivision Hollywood

MLS Listing ID A11523564

Sold Date 08/12/24

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1975

Annual Tax Amount $8,534

Tax Year 2023

Contingent No Contingencies

Property Description

Introducing 711 S 20th Ave in Hollywood, a fantastic fourplex offering a compelling investment opportunity. Consisting of four spacious 1-bed/1-bath units, all currently occupied, this property presents an opportunity to unlock an impressive $86,000 annual income by adjusting rents to market rates. Engineered for efficiency, it features separate electric meters, impact windows, central AC units and a brand new roof, ensuring cost-effective maintenance. Strategically positioned just a 2-minute drive from Young Circle, this investment not only promises financial returns but also enjoys a prime location. Parking is a breeze with 4 assigned spaces (1 for each tenant), enhancing tenant convenience.

Location

State FL

County Broward County

Community Hollywood

Area 3040

Interior

Heating Central, Other

Cooling Central Air, Other

Flooring Other, Terrazzo, Tile

Window Features Impact Glass

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Other

Total Parking Spaces 4

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 514215016230

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Conventional

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Listed by Fausto Commercial Realty Consultants Inc
Bought with CARLA N PRADO
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