Excellent 9-unit investment opportunity consisting of four duplexes with eight 2-bedroom/1-bathroom apartments, plus a separate single-family residence currently configured as a 4-bedroom/2-bathroom home. The eight apartments are currently rented, generating $172,380 in actual annual gross rental income.The separate residence is in excellent condition and is currently being used as the management office solely by the owner's choice. The home is ready for immediate rental without the need for renovations, offering an opportunity to increase rental income. Estimated market rent for the residence is $3,150 per month.Projected annual gross rental income could reach approximately $210,180 with the house leased, or approximately $249,000 if all eight apartments achieve estimated market rents
Listed By
Agency Name: CSRF Real Estate
Agency Phone: 954-284-1971
Shown By
Agent Name: Deborah Bloomfield, REALTOR
Agent Phone: (917) 952-7994
Agency Title: Realty 100
Estimated Payment
$ 8,154.79 per month $5,784.25 Principal & Interest $1,612.50 Property Tax $758.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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 dbloomfield.realty100.com today.