2640 Garfield St Hollywood, FL 33020
This exceptional investment opportunity presents a charming 1952-built, one-story duplex located in the desirable East Hollywood neighborhood of Hollywood, Florida. Situated on a spacious lot, this property offers two completely separate single-family homes, each with its own private fenced yard and parking area. The front house boasts three bedrooms and one bathroom, currently leased for $2,500 per month, while the back house features two bedrooms, one bathroom, and a garage, generating $2,000 in monthly rent. Both units are equipped with washer/dryer hookups and benefit from individual electrical and water meters. The property is located on a quiet dead-end street, providing a peaceful and secure environment for tenants. Current tenants are month-to-month, offering flexibility for the new owner. This FHA-approved property presents a compelling investment opportunity, ideal for an owner-occupant seeking rental income or a savvy investor looking for a strong cash flow. The property's location in East Hollywood, combined with its solid rental income and separate utilities, makes it a highly attractive proposition in the current market. The property address is 2640 Garfield Street, Hollywood, FL 33020.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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