6097 Rodman Street, Hollywood, FL 33023
Listing Snapshot
| List Price | $1,699,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.24 acres |
| Year Built | 1959 |
| Property Tax | $21,434/yr |
| MLS # | 1172235367 |
| Status | Active |
| Days on Market | 2 |
About This Home
Excellent investment opportunity in Hollywood! 10-unit multifamily property consisting of six 1-bedroom/1-bath units and four studio units. Current projected gross income approximately $165,300 annually, including laundry income. Unit 6 is currently vacant, providing immediate upside potential. Five units fully renovated, three partially renovated, and two in original condition.Property operates as a 10-plex with seven electric meters. Corner lot of approximately 10,000 SF offers potential future redevelopment opportunities. Strong tenant demand area with convenient access to major highways, shopping, dining, and employment centers.Projected NOI approximately $106,684 with an estimated cap rate of 6.28% based on projected income and expenses. Buyer to verify all income, expenses, zoning, measurements, and redevelopment potential. Financials, rent roll, and leases available upon request.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 1
- Parking Spaces
- 11
- Parking
- Assigned
- Zoning
- S-MU
- Security
- SecurityFence
Interior Features
Exterior Features
- Construction
- Block
Community Features
- MLS Area
- 3100
Map
Virtual Tour
View Virtual TourMLS# 1172235367 · BEACH
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Estimate Your Payment
20% down · Loan: $1,359,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.