Basic Information
- MLS # F10329419
- Type Quadruplex
- Status Closed
- Subdivision/Complex FEDERAL HWY, JOHNSON ST
- Year Built 1953
- Total Sqft 2,364
- Date Listed 05/04/2022
- Days on Market 98
VALUE ADD 702 N. 20th Ave. currently consists of 5 units. It must be noted that there is a violation for work being conducted without a permit. As a result, the property must be converted back to a 4 Plex. The current configuration contains 2 studio apartments, 2 one-bedroom apartments, and one two-bedroom one bath apartment. Once converted the property will contain 11s + 01 + 21 + 22 for a total of 4 units. It is significant to note that the rents are under market value. MUST BE PURCHASED CASH. There are no liens assessed to the property. Code enforcement will allow the sale to take place and provide ample time for the purchaser to cure the violation. Property provides a 6.5% cap rate based on market rents.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Style Quadruplex
Interior Features
- Adjusted Sqft 2,364Sq.Ft
- Cooling Description Wall Window Units
- Floor Description Tile
- Heating Description Wall Furnace
- Sqft 2,364 Sq.Ft
Property Features
- Address 702 N 20th Ave
- Aprox. Lot Size 2,364
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash
- HOA Fees $0
- Subdivision Complex
- Subdivision Info FEDERAL HWY, JOHNSON ST
- Tax Amount $8,711
- Tax Legal desc BUCHANAN CENTER 24-37 B LOT 1 BLK 2
- Tax Year 2021
- Terms Considered Cash
- Type of Property Quadruplex
702 N 20th Ave
Hollywood, FL 33020The 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: Media Realty. tel: 954 923-2325
Real Estate IDX Powered by: TREMGROUP