Hollywood, FL 33020 2742 Pierce St

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Presented By: This listing is courtesy of Keller Williams Eagle Realty;
  • MLS# A11630042
  • 07/25/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 3,550

Home Details

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.
Presented By: This listing is courtesy of Keller Williams Eagle Realty;

Interior Features for 2742 Pierce St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCeramicTile, Tile
Heating Y/NYes

General for 2742 Pierce St

Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityHollywood
Construction MaterialsBlock
CoolingCentralAir
CountyBroward
Days on Market23
Electric On Property Y/NNo
Garage Y/NNo
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHOLLYWOOD LITTLE RANCHES 1-26 B LOT 15 W1/2 BLK 34
LevelsOne
Lot Size UnitsSquareFeet
MLS Area3050
MLS Area MinorHollywood East (3010-3050)
MobileHomeRemainsYNNo
Net Operating Income86031.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense11169.0
Pool FeaturesNone
PossessionNegotiable
PostalCityHollywood
Private PoolNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener, Sewer, Water
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameHOLLYWOOD LITTLE RANCHES
Tax Annual Amount7169.0
Tax Year2023
TermsCash, Conventional, FHA, VaLoan
Total Actual Rent97200.0
UtilitiesCableAvailable
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1940
Year Built DetailsResale
Zoning DescriptionRM-18

Exterior for 2742 Pierce St

Building Area Total4418.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $899,000
MLS#A11630042
List Date 07/25/2024
Property Type Income
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