Turnkey 15-Unit Multifamily Gem near Downtown Hollywood

  • $3,195,000
2206, Adams Street, Hollywood, Broward County, Florida, 33020, United States
  • Multi-family
  • Property Type
  • 8,256
  • ft²
  • 20,501
  • Lot ft²
For Sale
Turnkey 15-Unit Multifamily Gem near Downtown Hollywood
2206, Adams Street, Hollywood, Broward County, Florida, 33020, United States
  • $3,195,000

Details

Updated on July 10, 2024 at 11:23 pm
  • Price: $3,195,000
  • Property Size: 8,256 ft²
  • Land Area: 20,501 ft²
  • Property Type: Multi-family
  • Property Status: For Sale

Description

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.

Property Documents

2206 ADAMS ST-ELEVI-FLYER
  • Address 2206, Adams Street, Hollywood, Broward County, Florida, 33020, United States
  • State/county Broward County
  • Zip/Postal Code 33020
  • Country United States

Compare listings

Compare
Elior Levi
  • Elior Levi