Hollywood, FL 33020,2425 Pierce St
$360,000
Est. payment /mo
$395,000
8.9%
Est.Price: ?

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1,250 SqFt
SOLD DATE : 06/30/2021

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $288

Subdivision Hollywood Little Ranches

MLS Listing ID A11040280

Sold Date 06/30/21

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,453

Tax Year 2020

Contingent No Contingencies

Property Description

Investment opportunity with potential 7-8% CAP. Two separate houses on a 10,261 sq ft lot. First house 2/1, second house 1/1. Two separate meters for each building. Two central ACs. Roof is replaced, permits are closed. Both houses are freshly painted. All utilities are paid by the tenants. The front house leased for $1550, lease to expire on August 31, 2021. Tenant in place for already 4 years and willing to extend. The second house just freshly painted and can be easily converted into two bedrooms, leased for $1300, till July 27th, 2021, tenant willing to extend. High-demand rental area. Close to all major roads, downtown, and the beach. Expenses include the following: property taxes, insurance, lawn maintenance.
3D tour is available. Property to be sold AS iS.

Location

State FL

County Broward County

Community Hollywood Little Ranches

Area 3050

Interior

Heating Central

Cooling Central Air

Flooring Parquet, Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other,Shingle

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 514216015170

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Miami Investment Realty, LLC.
Bought with Keller Williams Realty SW

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