Price Reduction - Seller Financing
Address
1512 Harrison St, Hollywood, FL
Price
$ 2,095,000
Property Attributes
- MLS#A11548023
- TypeIncome
- CountyBROWARD
- CityHollywood
- Area3050
- NeighborhoodHOLLYWOOD
- Zip33020
- StyleFourplex
- Year Built1929
- Taxes$ 39185
- Price$ 2,095,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better—just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.
| Price History | |
|---|---|
| 3/11/2024 | Listed $2,500,000 |
| 4/12/2024 | 8% - $2,300,000 |
| 4/30/2024 | 9% - $2,095,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | WallFurnace |
| Cooling | WallWindowUnits |
| Utilities | CableAvailable |
| Possession | ClosingFunding |
| Roof | Other,Shingle |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1929 |
| Stories | 2 |
| Levels | Two |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| County | Broward County |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | HOLLYWOOD |
| Garage Y/N | No |
| Rent Includes | Gardener,HotWater,TrashCollection,Water |
| Status | Active |
| City | Hollywood |
| Buyer Agent Compensation | 2.25% |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | RS-6 |
| MLS Area | 3050 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Harrison St |
| Listing Terms | Cash,Conventional,OwnerMayCarry,Other |
| Property Attached Y/N | No |
| Year Built Details | Resale |
| Land Lease Y/N | No |
| Tax Annual Amount | 39185.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Hollywood East (3010-3050) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11548023 |
| Days on Market | 49 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | Hollywood |
| Legal Description | HOLLYWOOD 1-21 B LOT 19,20 BLK 78 |
Interior Features
| Flooring | Other,Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Item14Acre |
|---|---|
| Total Parking | 4.0 |
| Spa | No |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33020
Price
Taxes
Visits
Year Built
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Data Last Updated: April 30, 2024 8:31 PM UTC
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