Basic Information

  • MLS # A11522777
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Active
  • Subdivision/Complex Hollywood
  • Year Built 1955
  • Total Sqft 2,640
  • Date Listed 01/28/2024
  • Days on Market 96
Description

Seller financing available! Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed1-bath units and two cozy 1-bed1-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, offering 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. Dont miss the chance to own this income-generating gem at 1942 Monroe St.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block,Other
  • Design Description Fourplex
  • Parking Spaces 0
  • Parking Description
  • Roof Description Other,Shingle

Interior Features

  • Adjusted Sqft 2,640
  • Cooling Description WallWindowUnits
  • Floor Description Other,Terrazzo,Tile
  • Heating Description WallFurnace
  • Sqft 2,640

Property Features

  • Address 1942 Monroe St
  • Aprox. Lot Size 2,640
  • Architectural Style Fourplex
  • City Hollywood
  • Construction Materials Block,Other
  • County Broward County
  • Furnished Info No
  • Levels One
  • Listing Terms Cash,Conventional,FHA,OwnerMayCarry
  • Lot Description Approx 14 Acre
  • Lot Features Approx 14 Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession ClosingFunding
  • Postal City Hollywood
  • Public Survey Section One
  • Roof Other,Shingle
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Hollywood
  • Tax Amount $8,495
  • Tax Information HOLLYWOOD 1-21 B LOT 26 BLK 29
  • Tax Year 2023
  • Terms Considered Cash,Conventional,FHA,OwnerMayCarry
  • Type of Property Quadruplex
  • Window Features ImpactGlass
  • Year Built Details Resale

1942 Monroe St

Hollywood, FL 33020

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 305-431-2258

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