Hollywood, FL 33020 1942 Monroe St

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Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
  • MLS# A11522777
  • 01/28/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 10
  • Baths • 6
  • SQFT • 2,640

Home Details

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, offering 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.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;

Interior Features for 1942 Monroe St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringOther, Terrazzo, Tile
Heating Y/NYes
Window FeaturesImpactGlass

General for 1942 Monroe St

Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityHollywood
Construction MaterialsBlock, Other
CoolingWallWindowUnits
CountyBroward County
Days on Market133
Garage Y/NNo
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHOLLYWOOD 1-21 B LOT 26 BLK 29
LevelsOne
Listing TermsCash, Conventional, FHA
Lot Size UnitsSquareFeet
MLS Area3040
MLS Area MinorHollywood East (3010-3050)
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionClosingFunding
PostalCityHollywood
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesSewer, TrashCollection, Water
RoofOther, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHOLLYWOOD
Tax Annual Amount8495.0
Tax Year2023
UtilitiesCableAvailable
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1955
Year Built DetailsResale
Zoning DescriptionPS-2

Exterior for 1942 Monroe St

Building Area Total2640.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem14Acre
Open Parking Y/NNo
SpaNo
Total Parking6.0

Additional Details

Price History

Worth Clark

Price $965,000
MLS#A11522777
List Date 01/28/2024
Property Type Income
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