Basic Information
- MLS # A10915668
- Type Multi Family
- Status Closed
- Year Built 1964
- Total Sqft 10,826
- Date Listed 08/23/2020
- Days on Market 247
Offered at a 9.46% ACTUAL Cap Rate - 9 Units in Hollywood, FL. 9 Units, 2 of which are legally modified for 10 studios and 2 efficiencies, offering 12 rentable units while still being 9 legal units. BRAND NEW UNITS INSIDE & OUT. Fully furnished, fully rented with annual leases. All units have AC w/ split systems. Each unit has a flat-screen TV and fully equipped kitchens with dining space. Wi-Fi + electricity and water, all included in the rent. NOI of $170,200. Detailed financials are available with a fully executed non-disclosure agreement. Located in an Opportunity Zone. This is not a Fix & Flip - the property has been updated and stabilized – ideal passive income. Tenants are on annual leases - this is not an Airbnb or monthly rental. Impeccable condition top to bottom.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block, Frame
- Parking Description Common
- Style Multi Family
Interior Features
- Adjusted Sqft 10,826Sq.Ft
- Floor Description Ceramic Tile
- Sqft 10,826 Sq.Ft
Property Features
- Address 1858 Dewey St #1-9
- Aprox. Lot Size 10,826
- Construction Materials Block, Frame
- Furnished Info no
- Listing Terms Cash, Conventional
- Subdivision Complex
- Subdivision Info
- Tax Amount $14,729
- Tax Legal desc HOLLYWOOD SOUTH SIDE ADD NO 2 3-17 B LOT 29,30 BLK 11
- Tax Year 0
- Terms Considered Cash, Conventional
- Type of Property Multi Family
1858 Dewey St #1-9
Hollywood, FL 33020Similar Properties For Sale
-
$2,225,0000 Beds0 Baths13,512 Sq.Ft1215-1221 NE 17th Ave, Fort Lauderdale, FL 33304 -
$2,225,0000 Beds0 Baths13,048 Sq.Ft2600 NE 24th St, Lighthouse Point, FL 33064 -
$2,200,0000 Beds0 Baths10,925 Sq.Ft1945 Hayes St, Hollywood, FL 33020 -
$2,200,0000 Beds0 Baths12,006 Sq.Ft4901 NW 7th Ave, Miami, FL 33127 -
$2,200,0005 Beds5.5 Baths10,868 Sq.Ft4431 Alton Rd, Miami Beach, FL 33140 -
$2,199,0005 Beds4 Baths13,071 Sq.Ft10375 SW 131st Ter, Miami, FL 33176 -
$2,199,0003 Beds3 Baths12,000 Sq.Ft33 Nurmi Dr, Fort Lauderdale, FL 33301 -
$2,190,0000 Beds0 Baths11,160 Sq.Ft1301 Emerald Ter, Fort Pierce, FL 34950 -
$2,175,0003 Beds2 Baths12,500 Sq.Ft520 Luenga Ave, Coral Gables, FL 33146 -
$2,175,0003 Beds3.5 Baths11,190 Sq.Ft81 W Shore Dr W, Miami, FL 33133
The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Alterra Realty Group Inc. tel: 954-302-6368
Real Estate IDX Powered by: TREMGROUP
