Turnkey 9-Unit Multifamily Gem – Downtown Hollywood

  • $2,195,000
2308, Jackson Street, Hollywood, Broward County, Florida, 33020, United States
  • Multi-family
  • Property Type
  • 5,062
  • ft²
  • 20,002
  • Lot ft²
For Sale
Turnkey 9-Unit Multifamily Gem – Downtown Hollywood
2308, Jackson Street, Hollywood, Broward County, Florida, 33020, United States
  • $2,195,000

Details

Updated on July 10, 2024 at 7:58 pm
  • Price: $2,195,000
  • Property Size: 5,062 ft²
  • Land Area: 20,002 ft²
  • Property Type: Multi-family
  • Property Status: For Sale

Description

We are pleased to present 2308 Jackson St, a turnkey 9-unit multifamily gem just 2 minutes away from Young Circle and downtown Hollywood. Fully renovated with care, this property offers eight 1-bed/1-bath units and one spacious 2-bed/1-bath unit, featuring new vinyl flooring, modern kitchens, impact windows and stylish bathrooms. Providing central air, assigned parking, and individual water and electric meters, it ensures low expenses and tenant convenience. Currently fully occupied, it generates over $185,000 annually, with potential for increased returns by aligning rents with market rates. A coin laundry room adds to its revenue stream. Sitting on a 20,000 sqft lot with DH-2 zoning, allowing up to 33 units, this property provides immediate returns with future potential for even more!

Property Documents

2308 JACKSON ST-ELEVI-FLYER-2
  • Address 2308, Jackson Street, Hollywood, Broward County, Florida, 33020, United States
  • State/county Broward County
  • Zip/Postal Code 33020
  • Country United States

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Elior Levi
  • Elior Levi