2206, Adams Street, Hollywood, United States
Broward County, FL 33020
$3,195,000
- Multi-family
- 8,256 SF building
- 0.47 acre lot
- $387/SF
Highlights
- 8,256 SF building on a 20,501 SF (0.47 acres) lot
- 15 units
- Asking $387/SF
Property facts
- Price
- $3,195,000
- Price per SF
- $387/SF
- Property type
- Multi-family
- Building size
- 8,256 SF
- Lot size
- 20,501 SF (0.47 acres)
- Units
- 15
About this property
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.
From the listing broker.
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