2529 Johnson St Hollywood, FL 33020, USA For Sale

  • $196,000
  • 2 beds
  • 1 baths
  • 1,110 sqft

Home is currently a 2/1 with 1,110 sqf under air with CBS construction. A garage and a screened in front and rear porch. it is easily convertible into a 3/2 and keep the garage. Home does need a new roof and it is currently going through probate.
No HOA fees
As-Is Value is: $220,000
After Repaired Value as a 2/1 = $285,000
After Repaired Value as a 3/2 = $300,000
Rehab budget as a 2/1: $35,000
Rehab budget as a 3/2: $45,000
Average Rent in the area for a 2 Bed is: $1,338
Average Rent in the area for a 3 Bed is: $1,975
Cap Rate after rehab as a 2 bed: 6.66% (owner pays taxes/tenant pays utilities)
Cap Rate after rehab as a 3 bed: 9.63% (owner pays taxes/tenant pays utilities)

Price:
$196,000
Address:
2529 Johnson St
Hollywood, Florida 33020
Square Feet:
1,110
Lot Size:
9,174
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1951
Const. Type:
CBS

Call (954) 998-3366 for more details

Property Location