2206 Adams St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale

  • $3,195,000
2206 Adams St, Hollywood FL 33020
Commercial Sale Active
2206 Adams St, Hollywood FL 33020,Hollywood,Broward County,Commercial Sale
2206 Adams St, Hollywood FL 33020
  • $3,195,000

Overview

Property ID: HZA11590560
  • Income/MultiFamily
  • Property Type
  • 1965
  • Year Built

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.

  • Address Adams St
  • City Hollywood
  • State/county Broward County
  • Zip/Postal Code 33020

Details

Updated on May 22, 2024 at 10:05 am
  • Property ID: HZA11590560
  • Price: $3,195,000
  • Year Built: 1965
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

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