2206 Adams St Pending Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 8,256 sqft
Price per Sqft $386
Subdivision Hollywood Little Ranches
MLS Listing ID A11590588
Style Fourplex
Year Built 1965
Annual Tax Amount $31,896
Tax Year 2023
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
Community Hollywood Little Ranches
Area 3050
Interior
Heating Central
Cooling Central Air
Flooring Other,Vinyl
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Shingle
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other