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, insurance and water. All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. Brand new AC's. Wholesale fnancing availabl e DSCR, no income check with 20% down.

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on 2742 Pierce St
in Hollywood, FL
Presented by Michael Marks at
Keller Williams Eagle Realty.


Property MLS #A11630042 from MiamiMLS
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bathrooms

Total Bathrooms: 0

+ Heating and Cooling

Cooling Features: CentralAir
Heating Features: Central
Heating: Yes

+ Interior Features

Flooring: CeramicTile, Tile

+ Land Info

Lot Description: Item14Acre

+ Garage and Parking

Parking Total: 8

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Rental Info

Rent Includes: Gardener, Sewer, Water

+ Other Property Info

Annual Tax Amount: 7169
Source Listing Status: Active
County: Broward County
Tax Year: 2023
Source Property Type: ResidentialIncome
MLS Area Minor: Hollywood East (3010-3050)
Source Neighborhood: HOLLYWOOD LITTLE RANCHES
Parcel Number: 514216024580
Postal City: Hollywood
Postal Code Plus 4: 3840
Subdivision: HOLLYWOOD LITTLE RANCHES
Zoning Description: RM-18
Property Subtype: Quadruplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $212,440	$6,238
2021	$unknown + $unknown $193,130	$5,452
2020	$unknown + $unknown $175,580	$5,109
2019	$unknown + $unknown $159,620	$4,863
2018	$unknown + $unknown $145,110	$4,428
2017	$182,770 + $33,320 $216,090	$3,749
2016	$146,220 + $33,320 $179,540	$3,413
2015	$unknown + $unknown $109,030	$3,048
2014	$unknown + $unknown $99,120	$2,652
2013	$unknown + $unknown $90,110	$2,394
2012	$unknown + $unknown $82,350	$2,215
2011	$unknown + $unknown $87,100	$2,343
2010	$unknown + $unknown $122,800	$3,108
2008	$unknown + $unknown $140,860	$4,041
2007	$unknown + $unknown $224,520	$4,948

+ Reveal Property Sale History

Listed 2024-07-25
$899,000
MiamiMLS

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Sold 2024-05-13
$525,000
MiamiMLS

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Price Changed 2024-04-02
$597,000
MiamiMLS

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Price Changed 2024-03-18
$598,000
MiamiMLS

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Price Changed 2024-02-28
$599,000
MiamiMLS

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Price Changed 2024-02-15
$619,000
MiamiMLS

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Listed 2024-02-01
$629,000
MiamiMLS

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Sold 1982-06-01
$65,000
Public Record

+ Commercial Info

Net Operating Income: 86031
Operating Expense: 11169

+ Building and Construction

Total Square Feet Living: 3550
Year Built: 1940
Building Area Total: 4418
Construction Materials: Block
Levels: One
Property Age: 84
Property Condition: UpdatedRemodeled
Roof: Shingle
Levels or Stories: 1
House Style: Fourplex
Year Built Details: Resale
Architectural Style: Fourplex

+ Utilities

Sewer: PublicSewer
CableAvailable
Water Source: Public

+ Display Complete School Details

Oakridge Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions

South Broward High School is a public high school located approximately 1.6 miles away.
Map directions

Olsen Middle School is a public middle school located approximately 2 miles away.
Map directions

St. Mark's Lutheran Church School is a private elementary and middle school located approximately 0.1 miles away.
Map directions