6101 Garfield St #1-6 Pending Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33024
Key Details
Property Type Multi-Family, Commercial
Sub Type Income/Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision 6101
MLS Listing ID F10461031
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 10787
Year Built 1973
Annual Tax Amount $14,863
Tax Year 2023
Lot Size 10,787 Sqft
Property Description
Presenting an opportunity to acquire this well-maintained 6-unit residential multifamily investment property in Hollywood, Florida. The property comprises of 4 one-bedroom, one bathroom units ($1,450 average rent) and 2 two-bedroom, two bathroom units ($1,500 per unit). Rents are below market, offering potential for increase. Onsite parking is available and there's a laundry room with coin operated machines which generates additional income. With low maintenance costs and approximately 6% cap rate, this property features strong net operating income and significant growth opportunities. Located in close proximity to the Hard Rock Hotel and Casino and situated in a mixed-use development area, it benefits from high rental demand & high occupancy rates. Don't miss out on this opportunity!
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning C-MU
Interior
Heating Central Individual A/C
Cooling Central Building A/C
Flooring Ceramic Floor
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Story 2.0000
Foundation Concrete Block Construction,Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash,Conventional/Refinance
Listing Terms Cash,Conventional/Refinance