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1942 Monroe St, Hollywood, FL – $925,000

  • $925k Price
  • 2,640 Sqft
  • 283 DOM
  • $925k Price
  • 2,640 Sqft
  • 283 DOM

1942 Monroe St

Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, brand new roof, separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.

Essential Information

  • MLS® #A11522777
  • Price$925,000
  • Bathrooms0.00
  • Square Footage2,640
  • Year Built1955
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive Under Contract

Community Information

  • Address1942 Monroe St
  • Area3040
  • SubdivisionHOLLYWOOD
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33020-7830

Amenities

  • UtilitiesCable Available

Interior

  • InteriorOther, Terrazzo, Tile
  • HeatingWall Furnace
  • CoolingWall/Window Unit(s)
  • # of Stories1
  • StoriesOne

Exterior

  • WindowsImpact Glass
  • RoofOther, Shingle
  • ConstructionBlock, Other

Additional Information

  • Date ListedJanuary 28th, 2024

Listing Courtesy of

Fausto Commercial Realty Consultants Inc

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Price Change History for 1942 Monroe St, Hollywood, FL (MLS® #A11522777)

Date Details Change
Price Reduced from $950,000 to $925,000 $25,000 (2.63%)
Price Reduced from $965,000 to $950,000 $15,000 (1.55%)
Price Reduced from $990,000 to $965,000 $25,000 (2.53%)