1942 Monroe St
Hollywood, FL 33020
- – beds
- – baths
- 2,640 sqft
- $333 per sqft
- 1955 build
- – on site
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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, brand new roof, 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.
Last checked:
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Last updated Dec 14, 2024
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MLS# A11522777 —
The Building
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Year Built:1955
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Year Built Details:Resale
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Construction Materials:Block, Other
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Architectural Style:Fourplex
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Stories:1
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Levels:One
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Roof:Other, Shingle
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Window Features:ImpactGlass
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Building Area Total:2640.0
Interior
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Flooring:Other, Terrazzo, Tile
Room Dimensions
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Living Area:2640.0
Financial & Terms
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Buyer Financing:Cash
The Property
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Parcel Number:514215015780
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:PS-2
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Possible Use:Investment
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Lot Features:LessThanQuarterAcre
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (954) 743-7594
- Office phone:
- (305) 431-2258
Taxes
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Tax Year:2023
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Tax Annual Amount:$8,495
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Tax Legal Description:HOLLYWOOD 1-21 B LOT 26 BLK 29
The Listing
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Hollywood
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Pool Features:None
Parking
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Parking Total:6.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Sold | MLSM | $880,000 | -4.9% |
|
12/8/24
Dec 8, 2024
|
Pending | MLSM | $925,000 |
