INCOME PRODUCING DEAL *** N 18th Ct HOLLYWOOD, FL 33020
LOCATION ,LOCATION. Legal duplex with two electric meters. All units rented .
1 Bed 1 bath at rear is rented at $950 per month ( tenant pays own electric) on 12 month lease.
Front unit rented to one family at $1500 per month on 6 month lease and they also pays own electric. so total rent roll of $29,400 . Water – approx $2500-$3000 per year Taxes – $4515 Annual Insurance .
Owner has an umbrella policy so buyer would have to get their own estimates. Yard maintenance minimal . This property has huge potential for any seasoned investors or a first time investor. Close to everything , Beaches , Downtown Hollywood, All major Highways and Airports. Great rental area for great returns. The property can be improved for more capital appreciation and more rental incomes.
- *** N 18th Ct HOLLYWOOD, FL 33020
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