2742 Pierce Street, Hollywood, FL 33020
- $870,000
- 3,550
- SqFt
- Sold Price
- $870,000
- List Price
- $899,000
- Days on Market
- 57
- Closing Date
- Nov 06, 2024
- MLS#
- A11630042
- Sq. Ft
- 3,550
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Hollywood Little Ranches
- Year Built
- 1940
Property Description
Totally renovated, legal fourplex set up as follows: Unit 1, 2/1 making $2,250 per month, Unit 2, 2/1 making $2,250 per month, Unit 3, 2/1 making $2,250 per month, Unit 4, making $1,350 per month. Total income is $8,100 per month or $97,200 per year. This is almost a 10% cap rate on current numbers, east of I-95 near downtown Hollywood! Tenants pay for all utilities. No owner expenses except prop taxes, lawn ($200) and water ($300). All leases are annual with a 30 day landlord option to increase rent or vacate. 2 meters. Roof has 10 years left. New AC's. Wholesale financing available DSCR, no income check with 20% down.
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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Tile
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $7,169
- Utilities
- Cable Available
- Stories
- 1
- Price Per Sqft
- $245
Mortgage Calculator
Listing courtesy of Keller Williams Eagle Realty. Contact:
Selling Office: Keller Williams Eagle Realty.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Michael L Marks | Email: thedreambroker@aol.com