Address not disclosed, Hollywood, FL 33023
Address not disclosed, Hollywood, FL 33023
Address not disclosed, Hollywood, FL 33023
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Team At The Comerford Group

Team At The Comerford Group

+1(941) 586-3229
$1,599,000
Est. payment /mo
4,471 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,471 sqft

Price per Sqft $357

MLS Listing ID A12025025

Construction Status Resale

HOA Y/N No

Year Built 1959

Annual Tax Amount $21,434

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition.Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers.Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.

Location

State FL

County Broward

Area 3100

Zoning S-MU

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features Assigned

Road Frontage City Street

Total Parking Spaces 11

Building

Story 1

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 514124140770

Security Features Security Fence

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://fastpropertylistings.com/6097-Rodman-St/idx

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BeachesMLS, Inc. (FLR) IDX
Listed by Eyal Melamed ISRAM Realty & Management

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Address not disclosed

Team At The Comerford Group
Team At The Comerford Group

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | team@thecomerfordgroupfl.com

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