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Sold for $880,000 on 12/09/24
  • $880,000

    1942 Monroe St, Hollywood, FL 33020

    6beds
    4baths
    2,640sqft
    Quadruplex
    Built in 1955
    -- sqft lot
    $832,100 Zestimate®
    $333/sqft
    $2,243 Estimated rent

    Owner options

    List your home for rent

    $2,243/mo

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    $2,243/mo

    Rent Zestimate®

    Refinance and save

    $5,962/mo

    Est. payment

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    $5,962/mo

    Est. payment

    What's special

    Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

    Zillow last checked: 8 hours ago

    Listing updated: December 09, 2024 at 07:33pm

    Listed by:

    Elior Levi 954-743-7594,

    Fausto Commercial Realty Consultants Inc

    Bought with:

    Elior Levi, 3574869

    Fausto Commercial Realty Consultants Inc

    Source: MIAMI,MLS#: A11522777MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Window/Wall
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Other, Terrazzo, Tile
    • Windows: Clear Impact Glass
    Interior area
    • Total structure area: 2,640
    • Total interior livable area: 2,640 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Stories: 1
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 514215015780
    • Zoning: PS-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction, Other
    • Roof: Other,Shingle
    Condition
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Hollywood
    • Subdivision: Hollywood

    Other

    Other facts
    • Listing terms: All Cash,Conventional,FHA
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    Estimated market value
    $832,100