5619 Mckinley Unit #A-H, Hollywood, FL 33021

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List Price
$2,599,000
MLS
B26085108
Status
ACTIVE
Type
Multifamily
Living Area
7,322

Property Description

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

Additional Information

Days on Market
35
Style
Duplex
Lot Size
34,655
Exterior Features
Other
Year Built
1990
Development Name
Hollywood Country Estates
#Stories
1
Construction Type
CBS Construction

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Listing Courtesy of CSRF Real Estate, Contact: