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.
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
What's special
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#: A11522777
Originating 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