2322 Johnson Street, Hollywood FL 33020

Description

EXCELLENT OPPORTUNITY TO OWN 0.24 ACRES ZONED DH-2, GREAT FOR COMMERCIAL USES, OFFICE, MULTIFAMILY, SCHOOLS, OR PLACES OF WORSHIP. THIS PROPERTY IS CURRENTLY A DUPLEX (1/1 AND STUDIO) SUCCESSFULLY OPERATING, WITH UPSIDE POTENTIAL DUE TO LOWER RENTS. THIS IS A GREAT OPPORTUNITY TO DEVELOP LAND WHILE ADVANTAGING FROM AN ALREADY EXISTING CASH-FLOW OR KEEP AS MULTIFAMILY FOR THE INCOME AND POTENTIAL UPSIDE. THE DUPLEX MAY BE BOUGHT TOGETHER WITH AN ADDITIONAL 5 UNITS LOCATED AT 411 COLUMBUS PKWY ALSO IN HOLLYWOOD, FOR A TOTAL OF 0.86 ACRES AND $1.4M. UPSIDE POTENTIAL IN RENT INCOME BASED ON GOVERNMENT HOUSING ASSISTANCE RENT LIMITS FOR THE AREA. PLEASE INQUIRE FOR MORE INFORMATION.

This agriculture home located at 2322 Johnson Street, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 149 days. This property is listed at $500K. It has N/A beds, N/A bathrooms, and is N/A square feet. 2322 Johnson Street, Hollywood FL 33020 is in Hollywood county Broward County.