1942 Monroe Street

Hollywood, FL 33020

$990,000
Price
Beds
2,640 Sq. Ft.
$375 / Sq. Ft.
2,640
Sq. Ft.
$375
per Sq. Ft.

Description

Seller financing available! Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute...Seller financing available! Introducing 1942 Monroe St, an exceptional fourplex presenting a lucrative investment opportunity. This property features two spacious 2-bed/1-bath units and two cozy 1-bed/1-bath units, all currently at full occupancy. Unlock the potential for an impressive $93,000 annual income by adjusting rents to market rates. The property is designed for efficiency, offering separate electric meters and impact windows for cost-effective maintenance. Conveniently located just a 2-minute drive from Young Circle, this investment is not only financially promising but also strategically positioned. Parking is hassle-free with 6 assigned spaces, and to sweeten the deal, seller financing is available. Don't miss the chance to own this income-generating gem at 1942 Monroe St.
  1. Listed by Elior Levi • Fausto Commercial Realty Consultants Inc

Property Details for 1942 Monroe Street

Subdivision
HOLLYWOOD
Style
Fourplex
Waterfront
No
Area
3040
Geographic Area
Hollywood East (3010-3050)
Auction
No
Total Units
4
Num Stories
1

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute
LISTING UPDATED: 01/29/2024 09:02 PM

Property Details for 1942 Monroe Street

StatusActive
MLS #A11522777
Days on Market95
Taxes$8,495 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1955
Lot Size-
CountyBroward County

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute

Building Information for 1942 Monroe Street

Stories-Residences4Year Built1955Building Size-Lot Size-

Payment Calculator

$6,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,403

Property Taxes

$708

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1942 Monroe Street

Location Information
Location Information
  • Parcel Number Free Text: 514215015780
  • Parcel Number MLX: 5780
  • MLS Area: 3040
  • Township Range: 51
  • Section: 15
  • Subdivision Number: 1
  • Subdivision Complex Bldg: HOLLYWOOD
  • Unit Count: 4
  • Zoning Information: PS-2
General Information
Parking
  • Num Parking Spaces: 6
General Information
  • Property Type Information: Attached
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block Construction, Other Construction
  • Construction Type: Concrete Block Construction, Other Construction
  • Roof Description: Other Roof, Shingle Roof
  • Flooring: Other Floors, Terrazzo Floors, Tile Floors
  • Floor Description: Other Floors, Terrazzo Floors, Tile Floors
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Sewer, Trash Removal, Water
  • Storm Protection: Clear Impact Glass
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Investment Analysis, Other Available Information, Rent Rolls

Property History for 1942 Monroe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1942 Monroe Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Hollywood Central Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

Hollywood Academy Of Arts & Science
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1942 Monroe Street is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on January 28, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $990,000. This listing's school district is Broward. Nearby schools include Hollywood Central Elementary School, Olsen Middle School and South Broward High School. 1942 Monroe Street is a 0-bed, 0-bath, 2,640 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.