Peter Dacko

This listing was posted on RealtyWW.

$750,000

Dewey St, Hollywood, Home For Sale

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Price:
$750,000
Home Loan:
Mortgage Rates are Still Low - Free Quote Now
BR/BA:
8 BR, 10+ BA
Location:
6208 Dewey St, Hollywood, FL
Description:

The subject property is two contiguous fourplexes listed for $750, 000 each ($1.5 Million total) located in west portion of Hollywood and contains eight (1/1) apartments. The property presents itself as a value-add opportunity due to the rents being approximately over 50% below market value with each unit renting at approximately $1000 per month. Market rent is estimated at $1500 per month. Hollywood is experiencing a tremendous renaissance with the majority of new construction consisting of residential development. The area is considered to have the 2nd largest supply pipeline across all Fort Lauderdale submarkets. The subject property provides a unique opportunity to take advantage of the strong demographics and demand whereby creating value by repositioning the asset.For more details: https://realtyww.info/homes_hollywood-d524116/for-sale_i75376431
Property Type:
Single-Family Houses
Posted:
August 24 on RealtyWW
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More About this Listing: Dewey St, Hollywood, Home For Sale