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1947 Madison St, Hollywood, FL – $998,000

  • $998k Price
  • 3,039 Sqft
  • 116 DOM
  • $998k Price
  • 3,039 Sqft
  • 116 DOM

1947 Madison St

REDUCED FOR A QUICK SALE !!! LOCATION! LOCATION! LOCATION!!! BAR NONE, THE BEST INVESTMENT OPPORTUNITY NEAR YOUNG CIRCLE !!!FANTASTIC TURN KEY INVESTMENT. PROPERTY CONSISTS OF 5 UNITS, ALL WITH SEPARATE FPL METERS: 3 UNITS ARE TWO BEDROOMS 1 BATH, PLUS 2 UNITS ARE ONE BEDROOM, 1 BATH. BUILDING HAS A LAUNDRY ROOM, WITH A SEPARATE FPL METER.NEWER ROOF. RECENTLY FUMIGATED, ONE YEAR WARRANTY. 5 PARKING SPACES. VERY CLOSE PROXIMITY TO DOWNTOWN HOLLYWOOD, AIRPORT, SEAPORT, AND THE BEACHES. GREAT UPSIDE POTENTIAL. PLEASE CONTACT LISTING AGENT FOR ADDITIONAL INFORMATION. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from recently listed 5th unit. Also Note: Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.

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Essential Information

  • MLS® #A11615060
  • Price$998,000
  • Bathrooms0.00
  • Square Footage3,039
  • Year Built1967
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive

Community Information

  • Address1947 Madison St
  • Area3050
  • SubdivisionHOLLYWOOD
  • CityHollywood
  • CountyBroward
  • StateFL
  • Zip Code33020-5482

Amenities

  • UtilitiesCable Available

Interior

  • InteriorOther, Laminate
  • HeatingNone
  • CoolingWall/Window Unit(s)
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofBarrel, Shingle
  • ConstructionBrick, Block

Additional Information

  • Listing Courtesy ofUnited Realty Group Inc
  • Date ListedJuly 1st, 2024
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Price Change History for 1947 Madison St, Hollywood, FL (MLS® #A11615060)

Date Details Change
Price Increased from $975,000 to $998,000 $23,000 (2.36%)
Price Reduced from $1,075,000 to $975,000 $100,000 (9.30%)
Price Reduced from $1,175,000 to $1,075,000 $100,000 (8.51%)