2742 Pierce St

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, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New AC's. Wholesale financing available DSCR, no income check with 20% down.

Essential Information

MLS® #A11630042
Price$899,000
Bathrooms0.00
Square Footage3,550
Year Built1940
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusActive

Community Information

Address2742 Pierce St
Area3050
SubdivisionHOLLYWOOD LITTLE RANCHES
CityHollywood
CountyBroward
StateFL
Zip Code33020-3840

Amenities

UtilitiesCable Available

Interior

InteriorCeramic Tile, Tile
HeatingCentral
CoolingCentral Air
# of Stories1
StoriesOne

Exterior

RoofShingle
ConstructionBlock

Additional Information

Listing Courtesy ofKeller Williams Eagle Realty
Date ListedJuly 25th, 2024

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