Residential Income
1625 Cleveland
Hollywood, FL 33020
General Information
Location Information
Additional Features
Financial Information
Remarks
Prime East Hollywood Triplex. East of US-1. Corner Lot. Property includes Renovated 2-3/2 Apartments and 1-1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K-$12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long-term growth.
Listing Agent
Carlos Saa
Compass Florida, LLC
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276