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MLS ID: A11811392
List Price: $ 699 000
Sold Price: $ 585 000 (-16%)
Status: Closed
List date: 05/28/2025
Closing Dt: 10/27/2025
Days on Market: 152
Sell $ 256 per SqFt
2419-2421 Johnson St, Hollywood
#MLS: A11811392
$ 699 000
Listing date05/28/2025
CityHollywood, FL 33020
Address2419-2421 Johnson St
Area2287 sqft
Tax/year$ 8 514
Built year1980

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. DONT MISS THIS OPPORTUNITY! EASY TO MANAGE AND CERTAIN TO INCREASE IN VALUE!!!

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