Description

Cozy and spacious unit located in a strategically positioned building in Hollywood, just minutes from Downtown Hollywood, major roads, and I-95, and only 2 miles from the beach. Currently rented to an excellent tenant at $1,450/month, offering approximately a 6% annual cap rate, with potential to increase rental income. The building has recently undergone a change in management, with future improvements planned that are expected to enhance overall value. All special assessments have been fully paid by the seller. Don’t miss this great opportunity—perfect for investors or first-time buyers looking for value and location!

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Description

Cozy and spacious unit located in a strategically positioned building in Hollywood, just minutes from Downtown Hollywood, major roads, and I-95, and only 2 miles from the beach. Currently rented to an excellent tenant at $1,450/month, offering approximately a 6% annual cap rate, with potential to increase rental income. The building has recently undergone a change in management, with future improvements planned that are expected to enhance overall value. All special assessments have been fully paid by the seller. Don’t miss this great opportunity—perfect for investors or first-time buyers looking for value and location!