1625 Cleveland Street, Hollywood, FL, 33020
7beds
5baths
2,475sqft
$1,050,000
$424price/sqft
$8,588/moest. monthly cost
$343,520/yrincome needed
About This Home
Prime East Hollywood Triplex. East of US-1. Corner Lot. Property includes Renovated 2-3/2 Apartments and 1-1/1 Apartment in one well maintained building. Each unit with tiled flooring, impact windows, updated kitchen cabinets with quartz countertops, and access to private front patios. Currently rented and licensed as a Short Term Vacation Rental. VR is generating an average between $9K-$12K Gross Income per month for both 3/2s and $1500 for the 1/1. Parking available for up to 7 cars. Great quiet Hollywood Lakes neighborhood. $133,513 PGI. $40,251 NOI. Mortgage Assumption available at 3% Interest Rate. Centrally located near beaches, parks, major highways, shops, and restaurants, ideal for maximizing rental income or long-term growth.
Getting Around
69
Somewhat Walkable40
Some Transit71
Very BikeableSchools
4/10
3/10
3/10
Construction
Condition
- Property condition: Resale
- Year built: 1953
Materials
- Roof: Shingle,Wood
- Construction materials: Block,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Triplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
Features
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central,Electric,Heat Pump,Separate Meters
- Cooling features: Central Air
Interior Area
- Total structure area: 2,475
- Total interior livable area: 2,475 sqft
Property
Details
- Parcel number: 514210200100
- Zoning: RM-12
- Special condition: Standard
Features
- Exterior features: Storage
- Waterfront features: None
Lot
- Lot size: 7,752 sqft
- Features: < 1/4 Acre
Parking
- Total spaces: 7