UNIQUE SOUTH FLORIDA INCOME-PRODUCING PORTFOLIO! Opportunity to acquire 9 existing rental units consisting of four duplexes plus a single-family home, situated across two folios in Hollywood. Currently generating approximately $17,415 per month / $208,980 annually in gross rental income, with additional upside potential. RM-9 multifamily zoning may offer the potential to convert/redevelop the existing single-family home into a 5th duplex for additional rental income, subject to City approval, zoning, density, permitting and other applicable requirements. Buyer to independently verify development potential with the City of Hollywood. Additional opportunity to increase existing rents. Excellent location near the Seminole Hard Rock Hotel & Casino with convenient access to the Florida Turnpike I-95 and Hard Rock Stadium. Seller financing may be considered at 7% with substantial down payment and first-lien position. Current owner is retiring. Possible 1031 Exchange.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33021
- Street:
- 5619 Mckinley A-h, Hollywood, Florida 33021
- Longitude:
- W119° 40' 13.7''
- Latitude:
- N34° 5' 52.8''
- Building Area:
- 7,322 Sqft
- Construction Materials
- Cumulative DOM:
- 52
- DOM:
- 1
- Elementary School:
- Sheridan Hills
- Exterior Features
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 514112101070
- Stories Total:
- 1
- Subdivision Name:
- HOLLYWOOD COUNTRY ESTATES
- Tax Annual Amount:
- $19,350
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
5619 Mckinley A-h, Hollywood, Florida 33021, Hollywood, Florida 33021
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,599,000
- Square Footage :
- 7,322 Sqft
- Year Built :
- 1990
- Lot Area :
- 34,655 Sqft
- MLS # :
- B26085108
