Home » Hollywood » 1838 Mckinley St, Hollywood, FL 33020 | A11550263

Triplex Sold 1838 Mckinley St, Hollywood, FL 33020

$650,000
closed for a price of $600,000

Property Highlights

Listing ID A11550263 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Triplex Living Space 2,444 Sqft/227.06 m2 approx. Building Area 2,444 Sqft/227.06 m2 approx. Year Built 1952 Seller considers Owner Financing Time of this property from published date until Closing Date 40 Days

1838 Mckinley St, Hollywood, FL 33020

Property Description: Introducing 1838 McKinley St, a unique Triplex offering remarkable potential, located just west of US-1 and minutes from Young Circle in downtown Hollywood. This property features a 1 bed/1 bath unit, a spacious 3 bed/2 bath unit, and a separate studio unit (cottage in the back). Previously utilized as a fourplex, it can easily be converted back to maximize its potential. Currently, the property is vacant except for the 1 bed/1 bath unit, which is on a month-to-month lease. With some TLC and rented at market rates, it has the potential to generate $6,000 monthly, providing an exceptional return on investment. Seller financing is available with 50% down at attractive terms, making ownership accessible. The property is being sold AS IS and has minor code violations. SERIOUS BUYERS ONLY!

Residential Income (Multifamily 2-4) Triplex Sold located at 1838 Mckinley St Hollywood FL 33020 in Broward County referenced as ID MLS # A11550263. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Pending Inspections
Original List Price:$650,000
Close Price:$600,000

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Cable Tv
  • Water
  • Other

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Levels:One
Construction Materials:
  • Block
  • Brick
Flooring:
  • Tile
  • Other
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$7,705

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Other
  • Financials
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
  • Other
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Subdivision Name:ST JAMES PARK WEST ADD
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Type of AssociationNone
Style Triplex
FEMA Flood Zone DesignationsX
Subdivision Number7
Buyer Country of ResidenceUSA
Buy StateFlorida

Zoning and Legal

Tax Legal Description:ST JAMES PARK WEST ADD 2-45 B LOT 19 BLK 2
Real Estate Folio Number (Parcel Number):514210070370
Zoning Description:ND-1
Public Survey Range:51
Public Survey Section:10

Listing History

Update/EventDate/Days
Published Date:March 13, 2024 11:32 pm
On Market Date:March 13, 2024
Close Date:April 22, 2024
Price Change Date Time:March 13, 2024 10:29 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 23, 2024 1:26 pm
Status Last Changed:April 23, 2024 1:26 pm
Photos Last Modified:March 14, 2024 3:39 am
Last Modified:April 23, 2024 5:27 pm
Days on the Market Reference Date:April 23, 2024
Days on the Market (updated on Last Modified*):16
Cumulative Days on the Market (updated on Last Modified**):16

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:15
Location:,,Less Than 1/4 Acre Lot
Included:,,
Geographical Area:Hollywood East (3010-3050)
Area:3050
Automated Valuation Display:Yes
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12011-N-514210070370-R-N

Location

Show Property Address:Yes
Street Name:Mckinley St
Street Number:1838
Street Address:1838 Mckinley St
City : Hollywood
State : Florida
Zip Code : 33020
County : Broward County
Full Address:1838 Mckinley St, Hollywood, FL 33020
Latitude:N26° 1' 27''
Longitude:W81° 51' 18.9''

Neighborhood

Postal City:Hollywood

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