Hollywood Terrace, 2419-2421 Johnson St, Hollywood, FL 33020

Huge price reduction!!! Recently updated investor special!!! Selling below 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 $2250/month; (2) 2/2 rented at $2250/month. Large lot for future re-development. 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 9%+ cap rate with minimal involvement or effort. Great for out-of-town investors. Long term tenants (all annual leases recently signed) willing to stay with rental increases of 5% per year. Don't miss this opportunity! Easy to manage and certain to increase in value!!!