2219 Polk St APT 8A, Hollywood, FL 33020

Investment property in Hollywood. This unit has been upgraded and is ready for rental immediately upon closing. IT CAN BE SOLD AS PART OF A PACKAGE ALONG WITH TWO ADDITIONAL FIRST-FLOOR, ONE-BED/ONE-BATHROOM UNITS WITHIN THE SAME COMPLEX. All three apartments are similar in design.2219 POLK #1A:ASKING $145,000 Occupied by a long-term Section 8 tenant paying $1,600 p/month. This unit passed the Hollywood Housing Inspection in 09/2024. 2225 POLK #8A: ASKING $147,000. Occupied by a long-term tenant paying $1,475 p/month. No need to upgrade while tenants are in premises. Estimated Cap. Rates: 2219/1A: 6.8%, 2219/8A: 6.6%, 2225/8AW: 5.8%. This is an excellent investment opportunity in a fast growing area, just steps of Hollywood Blvd and circles, Dixie Hwy, I-95 and 10' drive to beaches.