FL > Hollywood > Hollywood Little Ranches
Hollywood, FL 33020,2742 Pierce St
Hollywood, FL 33020,2742 Pierce St
Hollywood, FL 33020,2742 Pierce St
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$899,000
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3,550 SqFt
Active Under Contract

2742 Pierce St Hollywood, FL 33020

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

10/12/2024 05:39 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,550 sqft

Price per Sqft $253

Subdivision Hollywood Little Ranches

MLS Listing ID A11630042

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $7,169

Tax Year 2023

Contingent Pending Inspections

Property Description

Totally renovated, legal fourplex set up as follows: Unit 1, 2/1 making $2,250 per month, Unit 2, 2/1 making $2,250 per month, Unit 3, 2/1 making $2,250 per month, Unit 4, making $1,350 per month. Total income is $8,100 per month or $97,200 per year. This is almost a 10% cap rate on current numbers, east of I-95 near downtown Hollywood! Tenants pay for all utilities. No owner expenses except prop taxes, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New AC's.
Wholesale financing available DSCR, no income check with 20% down.

Location

State FL

County Broward

Community Hollywood Little Ranches

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Shingle

Total Parking Spaces 8

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514216024580

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Eagle Realty

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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