1521 N 59th Terrace, Hollywood, FL 33021 — MLS photo

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1521 N 59th Terrace, Hollywood, FL 33021

Active · Quadruplex

$774,999

1521 N 59th Terrace, Hollywood, FL 33021

Beds
—
Baths
0
Living area
2,609 sq ft
$ / sq ft
$297/sq ft
Year built
1954
Lot size
—
HOA fee
—
Annual tax
—

About this property

EXCELLENT INVESTMENT OPPORTUNITY-STRONG RENTAL HISTORY! W. HOLLYWOOD FOURPLEX (2) DUPLEXES (1) ONE TAX FOLIO#. WELL MAINTAINED & PROFESSIONALLY MANAGED- NEW ROOFS IN '24-1 ELECTRIC METER/1 WATER METER ON PROPERTY-WATER/ELECTRIC ARE INCL. IN TENANT'S RENT. WEST BLDG: ONE-STORY DUPLEX: UNIT #A; 1 BED/1 BATH RENTED $1,500/MO. LEASE END 8/27 UNIT #B; 2 BED/1 BATH RENTED $1,600/MO. LEASE END 7/27 EAST BLDG: 2-STORY TOWNHOUSE(S) UNIT #C 1 BED/2 BATH TOWNHOUSE WITH LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS- RENTED $1,650/MO. LEASE ENDS 9/27 UNIT #D 1 BED/2 BATH TOWNHOUSE-W/LARGE LIVING & BEDROOM AREAS. MULTIPLE CLOSETS-RENTED $1,400/MO. LEASE ENDS 1/27 ALL UNITS RENT QUICKLY, WITH LITTLE TO NO VACANCIES. CLOSE TO HARDROCK CASINO - NO SELLER FINANCING!

Property location

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1521 N 59th Terrace, Hollywood, FL 33021

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Facts & features

Interior

Bathrooms
0
Living area
2,609 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1954

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10456103
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$791

Cap rate
6.9%
Net yield
6.9%
Cash-on-cash return
4.4%
Gross yield
10.6%
Mortgage payment
$3,674/mo
Down payment
$193,750
Loan amount
$581,249
Annual NOI
$53,582

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.