$360,000
$395,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
2425 Pierce St Hollywood, FL 33020
1,250 SqFt
Key Details
Sold Price $360,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $288
Subdivision Hollywood Little Ranches
MLS Listing ID A11040280
Sold Date 06/30/21
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $5,453
Tax Year 2020
Contingent No Contingencies
Property Description
Investment opportunity with potential 7-8% 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 is replaced, permits are closed. Both houses are freshly painted. All utilities are paid by the tenants. The front house leased for $1550, lease to expire on August 31, 2021. Tenant in place for already 4 years and willing to extend. The second house just freshly painted and can be easily converted into two bedrooms, leased for $1300, till July 27th, 2021, tenant willing to extend. High-demand rental area. Close to all major roads, downtown, and the beach. Expenses include the following: property taxes, insurance, lawn maintenance.
3D tour is available. Property to be sold AS iS.
Location
State FL
County Broward County
Community Hollywood Little Ranches
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Parquet, Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Other,Shingle
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514216015170
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Keller Williams Realty SW