2020 Madison St Hollywood, FL 33020
- Small apartment buildings
- 1,086 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 2020 Madison St
- Year built
- 1946
- Property size
- 1,086 SF
- Property type
- Small apartment buildings
Description
This 1-story, 1,086 square foot duplex in Hollywood, Florida (33020), built in 1946, presents a compelling investment opportunity. Priced at $500,000, this property offers two units, each with its own electric panel and parking space in the rear alley. One unit, currently owner-occupied, boasts recent updates including new kitchen cabinets, countertops, and a gas stove (installed 7 years ago), along with a water heater replaced 5 years ago. The second unit is rented month-to-month and features an electric stove. A detached rear building provides convenient laundry facilities for both units. The property benefits from a single water meter, a roof replaced in 2018, and new plumbing installed under both kitchens. Furthermore, termite tenting was completed 5 years ago and carries an active warranty. A recent 4-point inspection was conducted in July, providing further assurance. This property is located at 2020 Madison St, in Broward County, and offers a solid foundation for a savvy investor seeking a multifamily property in a desirable location. The property's features, recent updates, and active rental income make it an attractive prospect.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1475845
- Latitude
- 26.0064794
