2425 Pierce St, Hollywood, FL 33020

$350,000
1,365
SqFt
List Price
$350,000
MLS
A10736919
Complex Name
Hollywood Little Ranches
Status
ACTIVE
Type
Multifamily
Living Area
1,365

Property Description

Investment opportunity with a potential 8% CAP. Two separate houses on a 10,261 sq ft lot. First house 2/1, second house 1/1. Two separate meters for each building. Two central ACs. Roof will be replaced (in process of receiving permits). Both houses will be freshly painted in white. All utilities are paid by the tenants. The front house leased for $1550, lease to expire on April 20, 2020. Second house to be renovated, currently vacant, can be easily converted into two bedrooms. (please see rental stats in the area attached). High demand rental area. Close to all major roads, downtown and the beach. Expenses include the following: property taxes, insurance, lawn maintenance.

Additional Information

Days on Market
12
Style
Duplex
#Parking Spaces
4
Year Built
1952
Construction Type
CBS Construction
Section
16
Subdivision Number
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Waterfront Investment Real Estate.