Description
ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) – TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ.
Low Maintenance just new paint on buildings, no restrictions on rent.
Details
- Price: $199,000
- Property Sqf: 659 Sq Ft
- Bedroom: 1
- Full Bathroom: 1
- Garage: 0
- Taxes Yearly: $3452
- Year Built: 1993
- Property Type: Condo
- Property Status: Active
- Community Pool: Yes Condo Pool
- HOA Dues: $275
- Tax-Folio: 514101AC0700
- Listed Date: 10-06-2024
Additional details
- Flooring: Carpet
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Bedroom Features: Other, Primary Bath Tub
- Views: Garden View, Other View
- Pets Allowed: Restrictions Or Possible Restrictions
- Construction: CBS Construction
- Listing Source: Miami Board Of Realtors
- Listing Courtesy Of: Florida Realty Wealth Group Inc. 305-390-2737
Features
Address
- Location 3630 N 56th Ave
- City Hollywood
- County Broward County
- Zip Code 33021
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