Prime investment opportunity at 2842 Jackson St, Hollywood, FL! This spacious property is perfect for investors seeking immediate income and future development potential. Featuring a roof replaced in 2018, the home offers added value and peace of mind.
Currently tenant-occupied with a reliable renter paying $2,800/month, providing instant cash flow from day one. The expansive lot comes with approved architectural plans ready for the development of 3 townhomes, making it an exceptional opportunity for builders and developers.
With its large land size and versatile potential, this property is also ideal for additional investment strategies or redevelopment projects in a growing area.
Motivated seller – bring your offers!
Type:
Single-family residential
Subdivision:
HOLLYWOOD LITTLE RANCHES
Garage:
1-car Driveway, Garage Door Opener
Lot Description:
1/4 to 1/2 Acre Lot
High School:
South Broward
Appliances:
Dryer, Dishwasher, Microwave, Other, Refrigerator, Washer
2842 Jackson 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.
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