2419-2421 Johnson St, Hollywood, FL 33020

2,287 sqft

Duplex
Built in 1980
—— sqft lot
—— car garage
$306/sqft
Listed 2 months ago

Property Description

HUGE PRICE REDUCTION!!! RECENTLY UPDATED INVESTOR SPECIAL!!! SELLING BELOW RECENT APPRAISAL! GREAT INCOME PRODUCING PROPERTY LOCATED IN THE HEART OF HOLLYWOOD, FL. THE PROPERTY HAS 2 UNITS: (1) 3/2 RENOVATED AND RENTED BELOW MARKET PRICE AT $2250/MONTH; (2) 2/2 RENTED AT $2250/MONTH. LARGE LOT FOR FUTURE RE-DEVELOPMENT. CURRENT ZONING IS RM-9. WELL MAINTAINED. TENANTS PAY THEIR OWN UTILITY BILLS FOR WATER/SEWER/GARBAGE AND ELECTRICITY ON SEPARATE METERS. RAISE RENTS TO MARKET PRICES AND EASILY ACHIEVE 9%+ CAP RATE WITH MINIMAL INVOLVEMENT OR EFFORT. GREAT FOR OUT-OF-TOWN INVESTORS. LONG TERM TENANTS (ALL ANNUAL LEASES RECENTLY SIGNED) WILLING TO STAY WITH RENTAL INCREASES OF 5% PER YEAR. DON'T MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO INCREASE IN VALUE!!!

Listing Status:: Active
Date Added:: May 28, 2025 at 05:00AM
Listing Office:: Landau Realty Group : 305-490-1200
Listing Agent:: Steven Landau : 305-490-1200
MLS ID:: A11811392

Flooring: Ceramic FloorTile
A/C: Wall/Window Unit(s)
Heating: Window/Wall

This listing courtesy of Steven Landau, Landau Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Beachside Montessori Village

2230 Lincoln St, Hollywood, FL, 33020

Grades PK-8

0.21 miles away

Beachside Montessori Village

2230 Lincoln St, Hollywood, FL, 33020

Grades PK-8

0.21 miles away

Paragon Academy of Technology

502 N 28th Ave, Hollywood, FL, 33020

Grades 6-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.