Excellent 9-unit investment opportunity consisting of four duplexes with eight 2-bedroom/1-bathroom apartments, plus a separate single-family residence currently configured as a 4-bedroom/2-bathroom home. The eight apartments are currently rented, generating $172,380 in actual annual gross rental income.The separate residence is in excellent condition and is currently being used as the management office solely by the owner's choice. The home is ready for immediate rental without the need for ren...Excellent 9-unit investment opportunity consisting of four duplexes with eight 2-bedroom/1-bathroom apartments, plus a separate single-family residence currently configured as a 4-bedroom/2-bathroom home. The eight apartments are currently rented, generating $172,380 in actual annual gross rental income.The separate residence is in excellent condition and is currently being used as the management office solely by the owner's choice. The home is ready for immediate rental without the need for renovations, offering an opportunity to increase rental income. Estimated market rent for the residence is $3,150 per month.Projected annual gross rental income could reach approximately $210,180 with the house leased, or approximately $249,000 if all eight apartments achieve estimated market rents
View MoreCourtesy of
Agency Name: CSRF Real Estate
Agent Name: Brian Davis
Agency Phone: 954-284-1971
Presented by
Agent Name: Roni Sterin
Agent Phone: 305.942.7446
Agency Title: The Keyes Company
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5619 Mckinley, Unit A-H, Hollywood, FL 33021.
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