2419 Coolidge St Hollywood, FL 33020
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2419 Coolidge St
- Year built
- 1953
- Property type
- Small apartment buildings
Description
This meticulously maintained Hollywood, Florida duplex presents a compelling investment opportunity. The property, located at 2419 Coolidge St, 33020, is a Class B, one-story building constructed in 1953. It comprises two units: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Currently generating over $4,000 in monthly rental income, this property offers a strong 6.00% cap rate on an asking price of $595,000. The units are described as "large legal duplexes," suggesting ample living space. The property benefits from its convenient location, just five minutes from downtown Hollywood's vibrant dining and shopping scene. Furthermore, the property boasts a recently installed roof (2023), minimizing immediate maintenance concerns. This investment presents significant upside potential due to the strong rental income and desirable location. The property is situated in Broward County, Florida. This is an exceptional opportunity for investors seeking a stable, high-yield asset in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1561956
- Latitude
- 26.0290311
