Multifamily in Hollywood, FL 33020

1826 Jefferson St

The subject property is a legal duplex consisting of 2 one bedroom one bath apartments whereby the tenants are on a month-to-month lease. Each unit is currently receiving $900 per month which is considered below market. For third-party evidence attesting to the rents being below market value please view the rent survey section of the offering memorandum.Within the last 3 years the units have received new kitchen cabinets, countertops, and baths have been remodeled. Appliances are approximately 5 years old or newer. East Hollywood is experiencing a renaissance with new development, increasing rents and property values. Click http://www.choosehollywoodfl.com/177/Hollywood-Key-Development to view the city of Hollywood’s key developments. ********* Download Offer Memorandum which contains income and expenses etc. and drive the property before requesting an interior showing. *************