About This Home

This 0-bedroom, 0-bathroom commercial at 2322 Johnson Street in Hollywood, FL is listed for $500,000. on a 0.24 acres lot.

Key Features

  • 0.24 acre lot
Listing Description

EXCELLENT OPPORTUNITY TO OWN 0.24 ACRES ZONED DH-2, GREAT FOR COMMERCIAL USES, OFFICE, MULTIFAMILY, SCHOOLS, OR PLACES OF WORSHIP. THIS PROPERTY IS CURRENTLY A DUPLEX (1/1 AND STUDIO) SUCCESSFULLY OPERATING, WITH UPSIDE POTENTIAL DUE TO LOWER RENTS. THIS IS A GREAT OPPORTUNITY TO DEVELOP LAND WHILE ADVANTAGING FROM AN ALREADY EXISTING CASH-FLOW OR KEEP AS MULTIFAMILY FOR THE INCOME AND POTENTIAL UPSIDE.

THE DUPLEX MAY BE BOUGHT TOGETHER WITH AN ADDITIONAL 5 UNITS LOCATED AT 411 COLUMBUS PKWY ALSO IN HOLLYWOOD, FOR A TOTAL OF 0.86 ACRES AND $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

2322 Johnson Street

Hollywood, FL 33020

HOLLYWOOD LITTLE RANCHES

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2322 Johnson Street is listed at $500,000. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.24 acre lot.

This property is listed by Federico Rochwerger PA.

FP

Federico Rochwerger PA

License 3014927

Agent at The Keyes Company

Listed by The Keyes Company · Broker phone: (305) 371-3592 · Broker website

MLS# R11164599· Source: BeachesMLS· 255 days on PropertySimple

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2322 Johnson Street, Hollywood, FL 33020

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