Elior Levi
Fausto Commercial Realty Consultants Inc
954-743-7594
We are pleased to present 2206 Adams St, a turnkey 15-unit multifamily gem located just 2 minutes from Young Circle and downtown Hollywood. This fully renovated property includes one 3-bed/2-bath unit, five 1-bed/1-bath units, and nine spacious studio units, all featuring new flooring, modern kitchens, impact windows/doors, and stylish bathrooms. With central air, assigned parking, and individual electric meters, it ensures low expenses and maximum tenant convenience. Currently fully occupied, the property generates nearly $300,000 annually, with potential for increased returns by adjusting rents to market rates. Situated on a 20,500 sqft lot with DH-2 zoning, the property allows for up to 35 units, offering immediate returns and significant future potential.
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Roof : Shingle
Window Features: ImpactGlass
Shingle
Other,Vinyl
Has Heating: Yes
Heating: Central
Has Cooling: Yes
Cooling: CentralAir
Year Built: 1965
Building Area Total: 8256
Construction Materials : Block
Stories : 1
Pool Features : None
Private Pool : No
Lot Description: Item14to12AcreLot
Subdivision: HOLLYWOOD LITTLE RANCHES
Source Property Type: ResidentialIncome
MLS Area Minor: Hollywood East (3010-3050)
Postal Code Plus 4: 5371
Zoning Description: DH-2
Property SubType: Quadruplex
Levels: One
Property Age: 59
Original List Price: $3195000
Original List Price: $3195000
Cash,Conventional,Other
Parcel Number: 514216011470
Tax Year: 2023
Annual Tax: $31896
Tax Legal Desc: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 1
Parking Total: 15
CableAvailable
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2442 Roosevelt St, Hollywood, FL,33020 | $750,000 | -- | -- | 2,278 | -- |
1700 Mayo St, Hollywood, FL,33020 | $1,200,000 | -- | -- | -- | 11730 Sqft |
1700 Mayo St, Hollywood, FL,33020 | $1,200,000 | -- | -- | -- | 11730 Sqft |
2034 Jefferson St, Hollywood, FL,33020 | $2,385,000 | 2 | 2 | 1,308 | 5457 Sqft |
1432 Madison St, Hollywood, FL,33020 | $799,000 | 2 | 2 | 1,479 | 8184 Sqft |
2517 Raleigh St, Lake S.., Hollywood, FL,33020 | $19,900 | -- | -- | -- | 1250 Sqft |
2521 Raleigh St, Lake S.., Hollywood, FL,33020 | $19,900 | -- | -- | -- | 1295 Sqft |
1837 Adams St, Hollywood, FL,33020 | $800,000 | 4 | 2 | 1,746 | -- |
1431 Dewey St, Hollywood, FL,33020 | $1,400,000 | 6 | 5 | 3,055 | 8130 Sqft |
1511 Arthur St, Hollywood, FL,33020 | $835,000 | 3 | 3 | 1,700 | 8169 Sqft |
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ByOwner last updated this listing 06/17/2024 @ 05:41
MLS: A11590588
LISTED BY: Elior Levi, Fausto Commercial Realty Consultants Inc
SOURCE: SEFMIAMI
Buyer Agency Description: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.