Commercial property in Hollywood, Florida 199.46 sq.m. № 2449929

Property 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.