$2,050,000
$2,195,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
5,062 SqFt
SOLD DATE : 08/23/2024
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,062 sqft
Price per Sqft $404
Subdivision Hollywood Little Ranches
MLS Listing ID A11547966
Sold Date 08/23/24
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $21,068
Tax Year 2023
Contingent Other
Property Description
We are pleased to present 2308 Jackson St, a turnkey 9-unit multifamily gem just 2 minutes away from Young Circle and downtown Hollywood. Fully renovated with care, this property offers eight 1-bed/1-bath units and one spacious 2-bed/1-bath unit, featuring new vinyl flooring, modern kitchens, impact windows and stylish bathrooms. Providing central air, assigned parking, and individual water and electric meters, it ensures low expenses and tenant convenience. Currently fully occupied, it generates over $185,000 annually, with potential for increased returns by aligning rents with market rates. A coin laundry room adds to its revenue stream. Sitting on a 20,000 sqft lot with DH-2 zoning, allowing up to 33 units, this property provides immediate returns with future potential for even more!
Location
State FL
County Broward County
Community Hollywood Little Ranches
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Window Features Impact Glass
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Total Parking Spaces 9
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Septic Tank
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 514216012280
Acceptable Financing Assumable, Cash, Conventional, Other
Listing Terms Assumable, Cash, Conventional, Other
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Real Estate Lab, Inc.
Miami & South Florida Market Expert, Property Manager, Trusted Professional REALTOR®, Zillow Premier Agent & Real Estate Professional