Unique 9-Unit Multifamily Gem Situated Right on Young Circle in Downtown Hollywood
- $2,095,000
Details
Updated on July 17, 2024 at 12:08 pm- Price $2,095,000
- Property Size 5,374 ft²
- Land Area 10,243 ft²
- Units 9
- Property Type Multi-family
- Property Status For Sale
Description
Seller financing available! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2- bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income.
Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn’t be better—just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.
Property Documents
Address
Open on Google Maps- Address: 1512, Harrison Street, Hollywood, Broward County, Florida, 33020, United States
- State/county: Broward County
- Zip/Postal Code: 33020
Vicente Rodriguez
Elior Levi