6138 Grant StHollywood, FL 33024

Property Details for 6138 Grant St

Year built

1998

Property size (Sq ft)

1,716 SF

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a charming 1-story duplex located in the heart of Hollywood, Florida, at 6138 Grant St #1-2, 33024. Built in 1998, this property boasts a total of 1,716 square feet, offering two separate units, each featuring 2 bedrooms and 1 bathroom. Each unit benefits from its own separate utility meters, providing efficient cost management for both owner and tenants. The property includes a spacious backyard and a covered patio area, enhancing the appeal for potential residents. Ample parking is available for both units. Currently vacant, this presents a unique chance to select your own tenants and establish desirable rental rates. The property's central location between Highway 441 and the Turnpike ensures easy access to major highways, the beach, a variety of restaurants, shops, and schools. The projected capitalization rate is estimated between 6.5% and 7%, making this a compelling investment with strong potential for long-term returns. The asking price is $649,000. This income-generating property is priced to sell and is expected to attract significant interest.

Location Insight

City

Hollywood

County

Broward

State

Florida

Latitude

26.0181

Longitude

-80.2115

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