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2206 Adams St, Hollywood FL 33020

Commercial Active With Contract
$3,195,000

BTC: 41.37382331

ETH: 1,086.44645298

77 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • Hollywood • 33020 • Commercial • Active With Contract

Facts and features

Type:
Commercial Sale
Parking:
Assigned / Other
Year Built:
1965
Lot:
20501 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data
All facts and features

  • Heating

    • Central Electric

    Cooling

    • Central Building A/C

  • Parking

    • Assigned

    • Other

    Lot

    • Lot: 20501 Square Feet

    Other Property Information

    • Parcel Number: 514216011470

    • Zoning: DH-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $31,896

  • Source details

    • MLS ID: A11590560

    Other facts

    • Construction Materials: CBS Construction / Other

    • Window Features: Clear Impact Glass

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc