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2206 Adams St, Hollywood FL 33020

Multi-family Active With Contract
$3,195,000

BTC: 33.98935809

ETH: 1,042.41095461

77 days
0 room(s)
8,256 sqft
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 • Multi-family • Active With Contract

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
No Data
Heating:
Central
Price/sqft:
$387
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Other

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 514216011470

    • Zoning: DH-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $31,896

  • Source details

    • MLS ID: A11590588

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Clear Impact Glass

    • Architectural Style: Detached

    • Living Area: 8256

    • Subdivision Name: HOLLYWOOD LITTLE RANCHES

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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