1726 Roosevelt St, Hollywood, FL 33020

Description

1726 Roosevelt Street, Hollywood, FL 33020 presents an opportunity to acquire a legal duplex featuring two structures and a total of three rental units, consisting of a 2-bedroom/2-bathroom single-family home, a 1-bedroom/1-bathroom efficiency, and a detached 1-bedroom/1-bathroom guest house. The property offers approximately 1,589 SF of building area on a 6,735 SF lot and features 4 total bedrooms and 4 bathrooms, central A/C, tile and vinyl flooring, updated kitchen appliances, shuttered windows, and four parking spaces. Both roofs were replaced in early 2020, providing an important recent capital improvement. The main 2-bedroom/2-bathroom unit is currently vacant and was previously rented for $2,600 per month, while the efficiency is currently rented for $1,200 per month and the detached 1-bedroom/1-bathroom unit is vacant and was previously rented for $1,200 per month, providing a clear opportunity to stabilize and increase income. Located in Hollywood with convenient access to major highways, Downtown Hollywood, shopping, dining, employment centers, and nearby beaches, the property offers an attractive multifamily investment with multiple income streams and rental upside.