Wholesale Deals -8Plex

 

8-Plex

Multi-unit in Hollywood, FL

$550,000 O.B.O.

FLAGLER ST, HOLLYWOOD, FL 33023

Property is great shape.  Property needs some A/C window units and two units need renovations that are vacant.  Five units are rented at below market rents right now.  Rents in this neighborhood should be $950 for 2 Bedroom 1 Bath and $725 to $750 for 1 Bedroom 1 Bath.
 
ZONED RESIDENTIAL MULTI-UNIT LESS THAN 10 UNITS
 
Property has a newer roof.  Separate electric meters for each unit, but one meter for water.
 
Potential rent on this property is $7,200.00 a month.  It will cashflow at this price.
 
For more pictures see below:  

Please call Ricardo at 954-294-5420 for more info.  

PLEASE CALL TO SCHEDULE AN INSPECTION, ONLY SERIOUS BUYERS PLEASE.
TERMS
ONLY CASH OR HARD MONEY OFFERS WILL BE ACCEPTED.

BUYER MUST CLOSE WITH SELLER'S ATTORNEY.

AGENTS PLEASE ADD YOUR COMMISSION ON TOP OF OUR PRICE...