High-potential investment opportunity for a duplex situated on a prime corner lot in Hollywood, conveniently located near I-95. This property offers a versatile layout and significant upside for the right buyer.
The duplex consists of two distinct units:
- Unit 1 features two bedrooms and one bathroom, and is currently vacant.
- Unit 2 features one bedroom and one bathroom, and is currently occupied, generating $1,300 per month in rental income.
The property is equipped with practical features including a four-car carport, individual laundry rooms for each unit, and separate meters for both water and electricity. As a fixer-upper, this is an ideal choice for investors looking to add value or for an owner-occupant seeking a primary residence with supplemental rental income.
1512 N 23rd Ave, 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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