ONLY INVESTORS 6.5% CAP RATE (monthly cash flow $1,050) - TENANT OCCUPIED UNTIL 03/31/25. ATTENTION ALL INVESTORS!!! START COLLECTING ON CLOSING DATE!!! One of the best OPPORTUNITIES in Hollywood. Great opportunity to own this beautiful income producing unit, spacious condo very well kept and centrally located in the heart of Hollywood at a quiet gated community by the lake, Lakewood at Emerald Hills. No minimum credit score required by association and no special assessments announced. Unit is Tenant occupied with same Tenant for the last 3 years, great tenant paying currently $1,600 always on time and no issues at all, 6.5% CAP RATE. Great amenities like pool, tennis, gym, laundry inside the unit, clubhouse and BBQ.
Low Maintenance just new paint on buildings, no restrictions on rent.
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Listing Snapshot
Price
$199,000
Days On Site
51 Days
Bedrooms
1
Inside Area (SqFt)
659 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1993
MLS® Number
A11672130
Status
Active
Property Tax
$3,452
HOA/Condo/Coop Fees
$275 monthly
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Price changed to $199,000
2 weeks ago
Listing updated with changes from the MLS®
2 months ago
Status changed to Active
2 months ago
Listing first seen on site
General Features
Home Warranty
Yes
Number Of Stories
2
Parking
AssignedGuest
Pets
Yes
Property Sub Type
Condominium
Security
OtherSmoke Detector(s)
SqFt Total
659
Style
None
Interior Features
Appliances
DryerDishwasherElectric Water HeaterDisposalMicrowaveRefrigeratorWasherOven
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