1941 Washington Street
$1,000,000
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Description
The subject property consists of 1, 1 Bedroom 1 Bathroom and 7 large studios. The total building size is 3,887 sf, well situated on a large 10,717 sf lot. All apartments are leased and in overall very good condition. Most of the units have been recently renovated including new kitchens and bathrooms, new ceramic flooring, new appliances, impact windows, new gas water heater, HVAC and more. The apartments are leased between $845 -$995 per month, grossing $87,120 per year. After all expenses this...The subject property consists of 1, 1 Bedroom 1 Bathroom and 7 large studios. The total building size is 3,887 sf, well situated on a large 10,717 sf lot. All apartments are leased and in overall very good condition. Most of the units have been recently renovated including new kitchens and bathrooms, new ceramic flooring, new appliances, impact windows, new gas water heater, HVAC and more. The apartments are leased between $845 -$995 per month, grossing $87,120 per year. After all expenses this property is netting $60,175 per year providing an investor with an 6% actual capitalization rate. Seller financing available with 30% down at 6% annual interest at a 5 year balloon, subject to buyers qualifications.
- Listed by John DeMarco • RE/MAX 5 Star Realty
Property Details for 1941 Washington Street
Area
3050
Geographic AreaHollywood East (3010-3050)
AuctionNo
LISTING UPDATED: 08/19/2020 04:00 AM
Property Details for 1941 Washington Street
Status | Active |
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MLS # | A10912458 |
Days on Market | 1590 |
Taxes | $12,479 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1970 |
Lot Size | 0.25 AC / 10,717 SF |
County | Broward County |
Building Information for 1941 Washington Street
Stories-Residences-Year Built1970Building Size-Lot Size0.25 AC / 10,717 SF
Property Information for 1941 Washington Street
Property History for 1941 Washington Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1941 Washington Street
Taxable ValueLand$96,450Additions$920,630Total$1,017,080
Tax Record2023$24,181 ($2,015 / month)
Home Facts
Total Finished SqFt3,887 SqFtAbove Grade Finished SqFt3,887 SqFtStories1Lot Size10,717 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970Year Renovated1971ZoningPS-2CountyBROWARDAPN51-42-15-01-6270
Schools near 1941 Washington Street
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
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Hollywood Central Elementary School PublicPK to 5 | ||
Olsen Middle School Public6 to 8 | ||
South Broward High School Public9 to 12 | ||
Hollywood Academy of Arts and Science Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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