5719 Johnson St, Hollywood, FL 33021

Description

A compelling multifamily investment with immediate income and meaningful upside.Introducing 5719 Johnson Street, a fully occupied, five-unit multifamily property in the heart of Hollywood, offering investors the opportunity to acquire an income-producing asset with significant rental upside. With current rents below market, the property has the potential to exceed $100,000 in gross annual rental income as leases transition to market rates.Ideally positioned just off US-441, with convenient access to I-95 and the Seminole Hard Rock Hotel & Casino, the property combines location, a desirable unit mix, and operational advantages. The five residences include one two-bedroom/one-bathroom unit and four one-bedroom/one-bathroom units, complemented by 10 parking spaces and individual electric meters.Set on an expansive approximately 15,000-square-foot lot, the property also features beautifully landscaped garden areas and additional outdoor lounge space, enhancing its appeal to tenants.For investors seeking to expand their holdings, 5719 Johnson Street may also be acquired together with the neighboring office building at 5715 Johnson Street, presenting an opportunity to secure two complementary assets in one transaction.