$600,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
2,444 SqFt
SOLD DATE : 04/22/2024
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $245
Subdivision St James Park West Add
MLS Listing ID A11550263
Sold Date 04/22/24
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $7,705
Tax Year 2023
Contingent Pending Inspections
Property Description
Introducing 1838 McKinley St, a unique Triplex offering remarkable potential, located just west of US-1 and minutes from Young Circle in downtown Hollywood. This property features a 1 bed/1 bath unit, a spacious 3 bed/2 bath unit, and a separate studio unit (cottage in the back). Previously utilized as a fourplex, it can easily be converted back to maximize its potential. Currently, the property is vacant except for the 1 bed/1 bath unit, which is on a month-to-month lease. With some TLC and rented at market rates, it has the potential to generate $6,000 monthly, providing an exceptional return on investment. Seller financing is available with 50% down at attractive terms, making ownership accessible. The property is being sold AS IS and has minor code violations. SERIOUS BUYERS ONLY!
Location
State FL
County Broward County
Community St James Park West Add
Area 3050
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other, Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Other
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Brick,Block
Construction Status Resale
Others
Tax ID 514210070370
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc
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