Hollywood Terrace, 2419-2421 Johnson St Hollywood, 33020

Huge price reduction!!! Investor special!!! Selling for less than recent appraisal! Great income producing property located in the heart of hollywood, fl. The property has 2 units: (1) 3/2 renovated and rented below market price at $1850/month; (2) 2/2 rented at $2100/month. Large lot for potential redevelopment in the future. Current zoning is rm-9. Well maintained. Tenants pay their own utility bills for water/sewer/garbage and electricity on separate meters. Raise rents to market prices and easily achieve 8%+ cap rate with minimal involvement or effort. Great for out-of-town investors. Long term tenants willing to stay with rental increases. Don't miss this opportunity! Easy to manage and certain to go up in value!!!