Closed

Aesthetic Apartments, 1942 Monroe St, Hollywood, FL 33020

925,000(-4.86% )
2,640SqFt

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Details

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Status:
Sold - Dec 09, 2024
Size: 2,640 SqFt (245 m2)
Price: $333/SqFt ($3,588/m2)
Type: Multi Family
Built: 1955
MLS Number: A11522777
On Site: 563 Days
Updated: 247 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other,Terrazzo,Tile
        • Windows/Treatment: ImpactGlass
        • Year Built: 1955
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-01-28T23:13:20.000-00:00
          Taxes, Fees & More
          • Taxes: 8495

          Price History

          12/09/2024

          Date

          Sold

          Event

          $880K

          Price

          -4.86%

          Change Rate

          $333 ft2 / $3,588 m2

          Price Per

          10/17/2024

          Date

          Price Reduced

          Event

          $925K

          Price

          -2.63%

          Change Rate

          $350 ft2 / $3,771 m2

          Price Per

          08/17/2024

          Date

          Price Reduced

          Event

          $950K

          Price

          -1.55%

          Change Rate

          $360 ft2 / $3,873 m2

          Price Per

          06/09/2024

          Date

          Price Reduced

          Event

          $965K

          Price

          -2.53%

          Change Rate

          $366 ft2 / $3,935 m2

          Price Per

          01/28/2024

          Date

          Listed

          Event

          $990K

          Price

          $375 ft2 / $4,037 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $200/ft²
          $400/ft²
          $600/ft²

          Unit 1942 Monroe St – Asking

          $333/ft²

          (+0%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $333/ft²
          Community $/Price Range (Closed) $330/ft² – $406/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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