6101 Garfield St , 1-6

Description

Presenting an opportunity to acquire this well-maintained 6-unit residential multifamily investment property in Hollywood, Florida. The property comprises of 4 one-bedroom, one bathroom units ($1,450 average rent) and 2 two-bedroom, two bathroom units ($1,500 per unit). Rents are below market, offering potential for increase. Onsite parking is available and there's a laundry room with coin operated machines which generates additional income. With low maintenance costs and approximately 6% cap rate, this property features strong net operating income and significant growth opportunities. Located in close proximity to the Hard Rock Hotel and Casino and situated in a mixed-use development area, it benefits from high rental demand & high occupancy rates. Don't miss out on this opportunity!