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6097 Rodman St #1-11 Hollywood, FL 33023
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Key Details
Sold Price $655,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision 6097
MLS Listing ID H10691851
Sold Date 03/05/20
HOA Y/N No
Total Fin. Sqft 10602
Year Built 1959
Lot Size 10,602 Sqft
Property Sub-Type Income/Multi-Family
Property Description
The subject property located at 6097 Rodman Street has the configuration on a 11 unit apartment building with a mix of 8 efficiencies and 2 one bedroom apartments located in two structures. However it is priced as 7 legal units as per the city of Hollywood - see attached CU. The rear structure has received a new roof in 2015. This property offers a unique at acquire 10 units at less than $73,000 per unit and achieve an above average stabilized capitalization rate. See attachment on MLS or view MediaRealty.net to obtain OM. Prospective purchaser MUST drive the property and REVIEW the OM before requesting and interior showing.
$105,840 Current Income $119,400 PGI. 8.5% Cap (current Numbers) 10.2% Cap (Value add).
Location
State FL
County Broward County
Area Hollywood Central (3070-3100)
Interior
Heating Wall/Window Units
Cooling Wall/Window Unit Cooling
Exterior
Water Access N
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction
Others
Pets Allowed No
Ownership Corporation
Read Less
Bought with Media Realty
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095