6101 Garfield St, Hollywood, FL 33024 — MLS photo

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6101 Garfield St, Hollywood, FL 33024

Active · Quadruplex

$1,690,000

6101 Garfield St, Hollywood, FL 33024

Beds
—
Baths
0
Living area
3,902 sq ft
$ / sq ft
$433/sq ft
Year built
1974
Lot size
—
HOA fee
—
Annual tax
$16,142

About this property

This outstanding commercial multifamily investment opportunity in Hollywood, Florida, features a six-unit 4 apartments 1 bed 1 bathroom---2 apartments 2-2 9000 a month rent apartment building with long-term tenants and reliable cash flow. Ideally located near major attractions like the Hard Rock Hotel & Casino and Hollywood Beach Boardwalk, the property offers easy access to I-95 Key features include: Six spacious units, fully occupied with stable tenants Steady rental income and minimal turnover 40 10 years vert done in jan 2025 Significant potential for property value growth, fueled by nearby development projects such as the Hollywood Downtown Revitalization This property is an exceptional opportunity in a rapidly developing area, with great prospects for future appreciation.

Property location

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6101 Garfield St, Hollywood, FL 33024

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Facts & features

Interior

Bathrooms
0
Living area
3,902 sq ft
Flooring
Ceramic Tile
Cooling
Ceiling Fans
Heating
Central

Exterior & Structure

Property type
Quadruplex
Year built
1974
Architectural style
Fourplex
Roof
Flat, Tile
Construction
Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$16,142
Subdivision
HOLLYWOOD BEACH HEIGHTS S
County
Broward
Days on market
567
MLS listing ID
A11728936
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

$161

Cap rate
5.8%
Net yield
5.8%
Cash-on-cash return
0.4%
Gross yield
8.3%
Mortgage payment
$8,011/mo
Down payment
$422,500
Loan amount
$1,267,500
Annual NOI
$98,075

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