For Sale
$595,000

2419 Coolidge St Hollywood, FL 33020

High-yield duplex, prime Hollywood location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This meticulously maintained Hollywood, Florida duplex presents a compelling investment opportunity. The property, located at 2419 Coolidge St, 33020, is a Class B, one-story building constructed in 1953. It comprises two units: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Currently generating over $4,000 in monthly rental income, this property offers a strong 6.00% cap rate on an asking price of $595,000. The units are described as "large legal duplexes," suggesting ample living space. The property benefits from its convenient location, just five minutes from downtown Hollywood's vibrant dining and shopping scene. Furthermore, the property boasts a recently installed roof (2023), minimizing immediate maintenance concerns. This investment presents significant upside potential due to the strong rental income and desirable location. The property is situated in Broward County, Florida. This is an exceptional opportunity for investors seeking a stable, high-yield asset in a thriving market.

Highlights

  • Excellent investment opportunity: Hollywood, FL duplex generating over $4,000/month in rental income.
  • Class B, one-story building (1953) with two units: a 2/1 and a 1/1.
  • 6.00% cap rate at $595,000 asking price.
  • Prime location: 5 minutes from downtown Hollywood's dining and shopping.
  • Meticulously maintained with a new roof (2023).

Property Details for 2419 Coolidge St

Property type
Apartment buildings, Small apartment buildings
Class
B
Year Built
1953
Stories
1
Units
2

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0290311
Longitude
-80.1561956

FAQs

What type of property is this?
Apartment building - High-yield duplex, prime Hollywood location.
Where is the apartment building located?
The property is located at 2419 Coolidge St Hollywood, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Excellent investment opportunity: Hollywood, FL duplex generating over $4,000/month in rental income.; Class B, one-story building (1953) with two units: a 2/1 and a 1/1.; 6.00% cap rate at $595,000 asking price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2419 Coolidge St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message