6138 Grant St Hollywood, FL 33024
- Small apartment buildings
- 1,716 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 6138 Grant St
- Year built
- 1998
- Property size
- 1,716 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming 1-story duplex located in the heart of Hollywood, Florida, at 6138 Grant St #1-2, 33024. Built in 1998, this property boasts a total of 1,716 square feet, offering two separate units, each featuring 2 bedrooms and 1 bathroom. Each unit benefits from its own separate utility meters, providing efficient cost management for both owner and tenants. The property includes a spacious backyard and a covered patio area, enhancing the appeal for potential residents. Ample parking is available for both units. Currently vacant, this presents a unique chance to select your own tenants and establish desirable rental rates. The property's central location between Highway 441 and the Turnpike ensures easy access to major highways, the beach, a variety of restaurants, shops, and schools. The projected capitalization rate is estimated between 6.5% and 7%, making this a compelling investment with strong potential for long-term returns. The asking price is $649,000. This income-generating property is priced to sell and is expected to attract significant interest.
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
- -80.2115421
- Latitude
- 26.0181034
