$1,430,000
$1,775,000
19.4%For more information regarding the value of a property, please contact us for a free consultation.
1950 TAFT ST Hollywood, FL 33020
Key Details
Sold Price $1,430,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10399473
Sold Date 01/23/24
HOA Y/N Yes
Total Fin. Sqft 16071
Year Built 1959
Annual Tax Amount $25,103
Tax Year 2022
Property Description
LOCATION AND CASH FLOW FROM DAY 1 AMAZING VALUE-ADDED OPPORTUNITY, 12 UNITS 100% OCCUPIED LONG TERM TENANTS WITH MO/MO LEASES. LEGAL 6 UNITS ACCORDING TO CITY OF HOLLYWOOD. COUNTY TAX ON 12 UNITS. 10 UNITS ARE STUDIOS AND 2 UNITS 1 BED AND 1 BATH, ACCROSS THE STREET FROM THE NEWER CHARTER SCHOOL. JUST PASSED 50 YEARS CERTIFICTION. ALL NEW BREAKERS. MOST OF THE KITCHENS BEEN CHANGES 5 YEARS AGO, ONE CENTRAL AC ABOUT 1 1/2-YEAR-OLD. POOL WAS FILLED BY PREVIOUS OWNER WITH PERMIT. NEW OWNER CAN RE DO THE POOL OR BUILD EXTRA UNITS OR CONVERT SOME UNTS TO AIRBNB ORIGINAL BUILDING NO ADDITION OR STRUCTURALLY CHANGED. CENTRAL LOCATION BETWEEN US1 AND DIXIE HIWAY. CLOSE TO SHOPPING AND TRANSPORTATION., HURRICANE SHUTTERS FOR ALL WINDOW
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RESIDENT
Exterior
Water Access N
Roof Type Tile Roof
Private Pool No
Building
Story 1.0000
Foundation Brick Exterior Construction
Sewer Public Sanitation
Water Public Water
Others
Pets Allowed No
Security Features Security System
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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Bought with Trueway Realty LLC