USAFLHollywoodHollywood Country EstatesA-H-5619 Mckinley St

A-H-5619 Mckinley St, Hollywood, FL

House

For Sale

Listed price in listed location currency (USD).

$2,599,000

0012

MLS® B26085108

Overview

Key Facts

Type Duplex

Levels Residential Income

Size 7322 sqft

Garage

Taxes $19,350

Days Active 1

Lot Size 0.8 Acres

Approx. Age 1990

Avg. Price Per Sqft $354

MLS® Number B26085108

Property Address: a-h-5619 Mckinley St, Hollywood, FL, 33021-4503

Average square foot calculated using Size range provided by listing agent.

Description

UNIQUE SOUTH FLORIDA INCOME-PRODUCING PORTFOLIO! Opportunity to acquire 9 existing rental units consisting of four duplexes plus a single-family home, situated across two folios in Hollywood. Currently generating approximately $17, 415 per month / $208, 980 annually in gross rental income, with additional upside potential. RM-9 multifamily zoning may offer the potential to convert/redevelop the existing single-family home into a 5th duplex for additional rental income, subject to City approval, zoning, density, permitting and other applicable requirements. Buyer to independently verify development potential with the City of Hollywood. Additional opportunity to increase existing rents. Excellent location near the Seminole Hard Rock Hotel & Casino with convenient access to the Florida Turnpike I-95 and Hard Rock Stadium. Seller financing may be considered at 7% with substantial down payment and first-lien position. Current owner is retiring. Possible 1031 Exchange.

MLS® NumberB26085108

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1990

Basement

Driveway

Garage Spaces

HeatCentral, Individual

A/CCentral Air

Extras

Map

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