Closed

Hollywood Little Ranches, 2742 Pierce St, Hollywood, FL 33020

899,000(-3.23% )
$870,000Price
3,550SqFt

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Details

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Status:
Sold - Nov 06, 2024
Size: 3,550 SqFt (330 m2)
Price: $245/SqFt ($2,638/m2)
Type: Multi Family
Built: 1940
MLS Number: A11630042
On Site: 370 Days
Updated: 265 Days ago
Page Views: 0
Totally renovated, legal fourplex set up as follows: unit 1, 2/1 making $2,250 per month, unit 2, 2/1 making $2,250 per month, unit 3, 2/1 making $2,250 per month, unit 4, making $1,350 per month. Total income is $8,100 per month or $97,200 per year. This is almost a 10% cap rate on current numbers, east of i-95 near downtown hollywood! Tenants pay for all utilities. No owner expenses except prop taxes, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New ac's. Wholesale financing available dscr, no income check with 20% down.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile,Tile
        • Year Built: 1940
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-07-25T14:19:31.000-00:00
          Taxes, Fees & More
          • Taxes: 7169

          Price History

          11/06/2024

          Date

          Sold

          Event

          $870K

          Price

          -3.23%

          Change Rate

          $245 ft2 / $2,638 m2

          Price Per

          07/25/2024

          Date

          Listed

          Event

          $899K

          Price

          $253 ft2 / $2,726 m2

          Price Per

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

          Listed by Michael MarksKeller Williams Eagle Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $200/ft²
          $400/ft²
          $700/ft²

          Unit 2742 Pierce St – Asking

          $245/ft²

          (-32%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $360/ft²
          Community $/Price Range (Closed) $194/ft² – $547/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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