1947 Madison Street

Hollywood, FL 33020

$975,000
Price
Beds
3,039 Sq. Ft.
$321 / Sq. Ft.
3,039
Sq. Ft.
$321
per Sq. Ft.

Description

Reduced for a quick sale ! Best investment opportunity near young circle ! Fantastic turn key investment. Property consists of 5 units, all with separate fpl meters: 3 of which are two bedrooms 1 bath, plus 2 units are one bedroom 1 bath. Building has a laundry room, with a separate fpl meter. Newer roof. Property has recently been fumigated; 3 months ago. 5 parking spaces. Very close proximity to downtown hollywood, airport, seaport, and the beaches. Great upside potential. Please contact listing...Reduced for a quick sale ! Best investment opportunity near young circle ! Fantastic turn key investment. Property consists of 5 units, all with separate fpl meters: 3 of which are two bedrooms 1 bath, plus 2 units are one bedroom 1 bath. Building has a laundry room, with a separate fpl meter. Newer roof. Property has recently been fumigated; 3 months ago. 5 parking spaces. Very close proximity to downtown hollywood, airport, seaport, and the beaches. Great upside potential. Please contact listing agent for additional information. Current Gross operating income is $8,184/Month, Additional potential income of $1,700/month from currently unrented unit #4. Opportunity zone, allows to build modern building up to 55 feet, or a 5 story building.
  1. Listed by Alain Arwas • United Realty Group Inc

Property Details for 1947 Madison Street

Subdivision
HOLLYWOOD
Style
Fourplex
Waterfront
No
Area
3050
Geographic Area
Hollywood East (3010-3050)
Auction
No
Total Units
5
Num Stories
2
LISTING UPDATED: 09/27/2024 10:35 AM

Property Details for 1947 Madison Street

StatusActive
MLS #A11615060
Days on Market98
Taxes$15,407 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1967
Lot Size-
CountyBroward County

Building Information for 1947 Madison Street

Stories-Residences5Year Built1967Building Size-Lot Size-

Property Information for 1947 Madison Street

Location Information
Location Information
  • Parcel Number Free Text: 514215015660
  • Parcel Number MLX: 5660
  • MLS Area: 3050
  • Township Range: 51
  • Section: 15
  • Subdivision Number: 1
  • Subdivision Complex Bldg: HOLLYWOOD
  • Unit Count: 4
  • Zoning Information: PS-2
General Information
Parking
  • Num Parking Spaces: 5
General Information
  • Property Type Information: Detached, Ranch
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block With Brick, CBS Construction
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Roof Description: Barrel Roof, Shingle Roof
  • Flooring: Laminate Floors, Other Floors
  • Floor Description: Laminate Floors, Other Floors
Additional Property Information
Utilities
  • Heating Description: No Heat
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Trash Removal, Water
Financial Information
Financial Information
  • Total Mortgage: $540,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Homestead Tax
  • Information Available: Other Available Information

Property History for 1947 Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1947 Madison 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
Hollywood Central Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

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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1947 Madison Street is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on June 30, 2024 by United Realty Group Inc, it's currently listed at $975,000. This listing's school district is Broward. Nearby schools include Hollywood Central Elementary School, Olsen Middle School and South Broward High School. 1947 Madison Street is a 0-bed, 0-bath, 3,039 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Realty Group Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.