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This 2 unit property is located in desirable area of East Hollywood. The physical property consists of 1,897 leasable SF, well situated on a 5,695 sf lot. The property is currently 100% leased to two month to month tenants. The 2 bedroom apartment is leased for $1,500.00 and the studio is leased for $700 per month, grossing $26,400 per year. The tenants pay all utilities. After all expenses this property is netting $14,749 per year providing an investor with a 2.6% actual capitalization rate at full asking price. Month to month tenancy allows investor to raise rent post closing.
Listed by John DeMarco, RE/MAX 5 Star Realty

Property Details of 1431 N 14Th Way

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Hollywood, FL Demographics

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Hollywood, FL Schools

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on March 22, 2023

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