Price Reduction - Seller Financing
Address
1960 Rodman St # 1-10 Hollywood, FL
Price
$ 1,150,000
Property Attributes
  • MLS#A10912431
  • TypeCommercial
  • CountyBROWARD
  • CityHollywood
  • Area3050
  • Zip33020
  • StyleMultiFamily
  • Year Built1951
  • Taxes16041
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11,969 SqFt
Listing Provided Courtesy Of:
RE/MAX 5 Star Realty
Property Description

The subject property consists of 10 large studios and the total building size is 2,535 SF, well situated on a large 11,969 SF lot. All apartments are leased and in overall excellent condition. Most of the units have been renovated last year including new kitchens and bathrooms, ceramic flooring, paint, impact windows, newer AC, and more. The apartments are leased between $596.00-$895.00 per month, grossing $97,800 per year. After all expenses, this property is netting $60,300 per year providing an investor with a 5.24% actual cap rate. Seller financing available with flexible terms, subject to buyers' qualifications. Can be sold with A10912436 and A10912458 creating a 28 unit portfolio. All showings are by appointment only.

Price History
8/18/2020 Listed $1,250,000
10/1/2020 8% - $1,150,000

General Features

MLS Area 3050
Property SubType MultiFamily
Property Type CommercialSale
Structure Type Apartment, MultiFamily
Unit Number 1-10
Zoning Description PS-1

Exterior Features

Covered Spaces 0.0
Lot Size Area 11969.0
Lot Size Square Feet 11969.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33020

Price
AVG $1.42M
$1.15M
Taxes
AVG $21,976
$16,041
Visits
AVG 41
37
Year Built
AVG 1959
1951
Walkscore
AVG 77
77
Data Provided by Walkscore ® not using MLS data

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