2634 Pierce Street
Hollywood, FL 33020
Income producing, multi-family property in Downtown Hollywood. High-Demand Rental Area near City Hall and just 2.5 miles to Hollywood's Famous Beach.
One: separate 2 Bed 2.5, Remodeled, Detached House
Four: 1 Bed, 1 Bath Units
One: 2 Bed, 1 Bath Unit
Property is situated on an over-sized 20,000 SF lot + 8 parking spaces. Five units are occupied on a month to month tenancy, one unit is vacant. Current rent is below market rate, but new owner can raise rent based on month to month status.
$83k per door with rental estimates between $900 - $1400/mo depending on the unit
Excellent area, with high-demand (minimal vacancy), and growth potential.
Approximate 7 to 8% Cap Rate
View More Photos Here: http://www.investingwithmike.com/properties/pierce
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||2634 Pierce Street, Hollywood, FL 33020, United States
|Sq Footage Source
|# of Units
|Market Rent (Annually)
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|Property Management In Place
|Seller Financing Available
||I have equitable interest and am assigning my rights to purchase this property
||November 3rd, 2017
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Seller assumes all responsibility for the content of this listing.