HUGE INVESTOR/DEVELOPER OPPORTUNITY: portfolio of 5 fully updated income producing properties located in the heart of East Hollywood, close to shops, dining, beaches and Hard Rock Casino. Zoned DH1 for multi-family and townhome development. Each property is rented above market rates. Great opportunity to buy, hold and build in the future. PLEASE NOTE: Sale Consists of 2226 Cleveland, 2230 Cleveland, 2224 Cleveland (adjacent lots) with 2227 Cleveland, 2231 Cleveland (adjacent lots). ALL PROPERTIES BEING SOLD AS ONE PORTFOLIO FOR $2,960,000. Don't miss this smart investment with long-term upside potential.
Type:
Single-family residential
Laundry Remarks:
Washer Hookup,Dryer Hookup
Subdivision:
HOLLYWOOD PARK
Lot Description:
< 1/4 Acre
High School:
South Broward
Appliances:
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
2226 Cleveland St, Hollywood, FL, 33020
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
