We are pleased to present 1957 Monroe St in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just a minute away from Young Circle. Featuring 8 spacious units, with 6 units featuring 1 bed/1 bath and 2 units offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $182,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units, and a rare perk—each unit is equipped with its own washer/dryer, ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 12 assigned spaces.
- Address 1957 Monroe St
- City Hollywood
- County Broward County
- Zip 33020
- Price $2,500,000
- Status Active Under Contract
- Subdivision
- Pets Allowed No
- MLS® # A11524393
- Property Type Commercial Sale
- Property Sub TypeMulti Family
- Status Active Under Contract
- Square Feet
- Year Built 1992
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $17,062
- Tax Year 2023
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020
Hollywood, FL 33020