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6351 Hayes St - Great Hollywood Duplex 2 Unit Apartment Building Offered at $550,000 at a 6.10% Cap Rate Hollywood, FL 33024

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Investment Highlights

  • Great Location
  • Two Bedrooms Units with Individually Metered Utilities
  • CBS Building with Impact Windows
  • Very Desirable Tenants with Great Long-term Payments History

Executive Summary

Built in 1959 and thoughtfully renovated over the years with hurricane impact windows, 6351 Hayes Street offers the perfect blend of classic charm and quietness. Located in a desirable Hollywood neighborhood with quick access to major job centers, good schools, and local parks, this property is ideal for both investors and owner-occupants alike. This recently appraised deal features two 2-bedroom, 1-bathroom units with Laundry room, each unit is collecting a reliable $2,000 per month in rent. Tenants pay for water and electricity while the landlord service the septic tank regularly. With long terms tenants, this cash flowing property is an ideal opportunity for experienced investor looking for well-priced deal in a desirable submarket with high barrier of entry.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $48,000 $31.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $48,000 $31.39
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $48,000
Annual Per SF $31.39
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $48,000
Annual Per SF $31.39
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $550,000
Price Per Unit $275,000
Sale Type Investment
Cap Rate 6.10%
Sale Condition Bulk/Portfolio Sale
Gross Rent Multiplier 11
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Building Size 1,529 SF
No. Stories 1
Year Built/Renovated 1959/2020
Zoning RS-6

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $2,000 750
  • Listing ID: 39368425

  • Date on Market: 2/8/2026

  • Last Updated:

  • Address: 6351 Hayes St, Hollywood, FL 33024

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