Best Fourplex Deal in East Hollywood – Fully Occupied with Redevelopment Potential on a 5,460 SF lot with a 1,561 SF building
Best Fourplex Deal in East Hollywood – Fully Occupied with Redevelopment Potential on a 5,460 SF lot with a 1,561 SF building
- $799,000
Details
Updated on December 23, 2024 at 1:51 am- Price $799,000
- Property Size 1,561 ft²
- Land Area 5,460 ft²
- Units 4
- Property Type Multi-family
- Property Status For Sale
Description
Best fourplex deal in East Hollywood! Introducing 1711 Buchanan St, an exceptional fourplex in the desirable Hollywood Lakes, East of US-1. This property features four 1-bed/1-bath units, all currently fully occupied and generating $5,200 a month in income, with potential for even more by adjusting rents to market rates.
The property has one electric and water meter, with costs covered by the landlord. Additionally, this property sits on an FH2 zoned lot, allowing for potential redevelopment of up to 22 residential units up to 14 stories high.
Property Documents
Copy of FLYERS NEW- OCT 7 (dragged) 12
Address
Open on Google Maps- Address: 1711, Buchanan Street, Hollywood, Broward County, Florida, 33020, United States
- City: Hollywood
- State/county: Broward County
- Zip/Postal Code: 33020
Vicente Rodriguez
Elior Levi