We are pleased to present 5719 Johnson St, a turnkey 5-unit multifamily gem located just off 441 in the heart of Hollywood, close to I-95 and the Hardrock. This property features one 2-bed/1-bath unit and four 1-bed/1-bath units. With 10 parking spaces and individual electric meters, it ensures low expenses and tenant convenience. Currently fully occupied with under-market rents, the property has the potential for over $100k in gross annual rental income when adjusted to market rates. The beautiful garden area and additional outdoor lounging space on the large 15k sqft lot enhance the property's appeal. This property can also be purchased with the office building next door at 5715 Johnson St, offering a unique investment opportunity.
5719 Johnson St, #1-5, Hollywood, FL, 33021
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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