2432 Sherman Street, Hollywood, FL 33020 — MLS photo

Get More Info About This Property

2432 Sherman Street, Hollywood, FL 33020

Active · Quadruplex

$989,000

2432 Sherman Street, Hollywood, FL 33020

Beds
—
Baths
0
Living area
2,016 sq ft
$ / sq ft
$491/sq ft
Year built
1972
Lot size
—
HOA fee
—
Annual tax
—

About this property

Don't Miss Out On This Amazing Fully Remodeled Hollywood 4Plex Near The Beach! Units Consist Of Two 2Bedroom 1 Baths & Two Studios. Remodel Was Completed In 2022 Which Includes All Electric Panels, Roof,Hurricane Impact Windows, Insulation, Waterproof Vinyl Flooring, 2 Central A/C Units For The Two 2 Bedrooms1 Bath Units & Spit Mini A/C's For the 2 Studio Apartments. All Kitchens Have Beautiful Wood Cabinets WithStainless Steel Appliance & Quartz Countertops. Building Has Washer/Dryer Hookups. Ideal For Adding CoinOperated Machines For Additional Income! Property Is Perfect For Owner Occupant, Investor Or Air BnB.Projected Annual Gross Income Is $88,800. Annual Expenses is $28,307. Expenses Include Taxes $16,327Landscaping $600 Insurance $5,500 Water $1080 Electric $4,800.

Property location

Get Directions

2432 Sherman Street, Hollywood, FL 33020

Loading property location…

Facts & features

Interior

Bathrooms
0
Living area
2,016 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1972

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
F10543163
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

-$1,117

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-4.8%
Gross yield
7.7%
Mortgage payment
$4,688/mo
Down payment
$247,250
Loan amount
$741,750
Annual NOI
$42,855

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