2206 Adams St Pending

Hollywood,FL 33020

$ 3195000

- Bed

0 Bath

8256 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 8,256 sqft

Price per Sqft $386

MLS Listing ID A11590560

HOA Y/N No

Year Built 1965

Annual Tax Amount $31,896

Tax Year 2023

Contingent Other

Lot Size 0.471 Acres

Property 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.

Location

State FL

County Broward

Area 3050

Interior

Heating Central,Electric

Cooling Central Air

Window Features Impact Glass

Exterior

Roof Type Other,Shingle

Total Parking Spaces 15

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block,Other

Others

Tax ID 514216011470

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

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