Hollywood Multi-Family 7 Unit Income Property For Sale

  • $724400
  • 7 beds
  • 7 baths
  • 3,822 sqft
Multi Family 7 Units
Gross Income: $81,600
NOI: $63,937
County: Broward
Legal: HOLLYWOOD 1-21 B LOT 27,28 BLK 35
Construction: CBS
SqFt (Liv): 3,822
Year Built: 1951
Stories: 2
Total Units: 7  
Total Meters: 5 (second floor shares one)
1st Floor:
 Total Units: 5
– Bed/Bath: 4 1/1’s + Studio
2nd Floor:  
– Total Units: 2
 Bed/Bath: Large 2/2 Split into 1/1 + Studio (no kitchen)
Monthly Income:
1/1 = $1,000 
Upstairs 1/1 = $1,400  
3 1/1’s = $950
Studio = $800
Upstairs Studio = $750
Coin Laundry = $200
Total Monthly Income: $7,000
All units are Rented Month to Month
Impact Windows
Barrel Tile Roof
Central A/C for all units
Coin Laundry generates $150-$200 / Month 
Your Cost $799,000

Showing By Appointment Only Call 954-361-4669

Instructions for Viewing Property and Submitting an Offer:

Unless your offer is all cash you need to be approved with a hard money lender and submit proof of funds
or approval letter with the offer.

To view a property, please contact the office at 954-361-4669 to make arrangements to obtain access.

Most of our properties are sold very quickly. We do however take backup contracts.

Because of the deep discounted prices we have negotiated on the properties we resell to investors and the small margins we work off of, there is very little, if any, room for negotiation on our listed prices.

We provide real value and discounted prices on the wholesale properties we offer.

We will be glad to refer any contractors, appraisers, attorneys, property managers, etc. if we are aware of
any in the area of the property; however, you must interview them and make your own decision about
relying on their information or services. We highly recommend getting detailed descriptions in writing with
any vendor used.

Because we usually buy and sell many properties monthly it is extremely important for you to close on the
anticipated closing date in your contract to avoid penalties.

We take each and every offer very seriously.

All offers are subject to prior sales and withdrawals.

Realtors, please remember to include your commission instructions when returning this packet.

Please submit the “Submit Offer” Form on this Page and download the Contract and Addendum Packet.

Once you have completed the contract and addendum please email them to info@nowhomebuyers.com if you need to fax it to us Please Call 954-361-4669 and Fax to 954-634-5755

Price:
$724400
Address:
1848 Madison St.
Hollywood, FL 33020
Square Feet:
3,822
Bedrooms:
7
Bathrooms:
7
Terms:
For Sale
Property Type:
Home
Year Built:
1951
Const. Type:
CBS

Additional Features

Monthly Income: Total Monthly Income: $7,000 1/1 = $1,000 Upstairs 1/1 = $1,400 3 1/1's = $950 Studio = $800 Upstairs Studio = $750 Coin Laundry = $200

Call 954 361 4669 for more details

Property Location