MaryFarrelly
BEDS0
BATHS
SQUARE FEET7,322
MLS#B26085108
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHOLLYWOOD COUNTRY ESTATES
Property Description
UNIQUE SOUTH FLORIDA INCOME-PRODUCING PORTFOLIO! Opportunity to acquire 9 existing rental units consisting of four duplexes plus a single-family home, situated across two folios in Hollywood. Currently generating approximately $17,415 per month / $208,980 annually in gross rental income, with additional upside potential. RM-9 multifamily zoning may offer the potential to convert/redevelop the existing single-family home into a 5th duplex for additional rental income, subject to City approval, zoning, density, permitting and other applicable requirements. Buyer to independently verify development potential with the City of Hollywood. Additional opportunity to increase existing rents. Excellent location near the Seminole Hard Rock Hotel & Casino with convenient access to the Florida Turnpike I-95 and Hard Rock Stadium. Seller financing may be considered at 7% with substantial down payment and first-lien position. Current owner is retiring. Possible 1031 Exchange.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Individual
Heating: Central Individual
Lot Size: 0.80 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $19,350
Year Built: 1990
Amenities
Awning(s)
Other
Feature Descriptions
Days on Site: 7
Exterior: CBS
Flooring: Tile
Parcel#: 514112101070
Pet Fee: 100
Pets Allowed: Yes, Cats OK, Dogs OK, Size Limit
Restrictions: No Restrictions
Sewer: Public Sewer
SQFT Living: 7322
Structure Type: Duplex
Units: 2
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: South Broward
Middle School: Attucks
Elementary School: Sheridan Hills
Listed By / Shown By
Listed By
Agency Name: CSRF Real Estate
Agency Phone: 954-284-1971
Shown By
Agent Name: Mary Farrelly
Agent Phone:
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 8,154.79 per month $5,784.25 Principal & Interest $1,612.50 Property Tax $758.04 Homeowner's InsuranceChange Payment Information
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5619 Mckinley, Unit A-H | MLS# B26085108
This multi-family property located at 5619 Mckinley, Unit A-H, Hollywood, FL 33021 is currently listed for sale with an asking price of $2,599,000. Search Hollywood real estate on mfarrelly.realty100.com today.