2240 Simms St, Hollywood, FL 33020 — MLS photo

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2240 Simms St, Hollywood, FL 33020

Active · Quadruplex

$839,900

2240 Simms St, Hollywood, FL 33020

Beds
—
Baths
0
Living area
2,400 sq ft
$ / sq ft
$350/sq ft
Year built
1952
Lot size
—
HOA fee
—
Annual tax
$16,418

About this property

Investor's Dream! Prime location meets incredible value. 2-bedroom units! This non-conforming multi-family gem is the perfect addition to your portfolio. Here are the highlights: All four units are already rented, ensuring immediate returns on your investment. Washer/dryer units are installed in each apartment, central AC, and new finished throughout. This property is a completely turnkey investment opportunity!

Property location

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2240 Simms St, Hollywood, FL 33020

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Facts & features

Interior

Bathrooms
0
Living area
2,400 sq ft
Flooring
Tile
Cooling
Central Air
Heating
None

Exterior & Structure

Property type
Quadruplex
Year built
1952
Architectural style
Fourplex
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$16,418
Subdivision
LIBERIA
County
Broward
Days on market
154
MLS listing ID
A12022212
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

$127

Cap rate
5.9%
Net yield
5.9%
Cash-on-cash return
0.6%
Gross yield
9.5%
Mortgage payment
$3,982/mo
Down payment
$209,975
Loan amount
$629,925
Annual NOI
$49,307

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