Property Attributes
- MLS#A11590588
- TypeIncome
- CountyBROWARD
- CityHollywood
- Area3050
- NeighborhoodHOLLYWOOD LITTLE RANCHES
- Zip33020
- StyleFourplex
- Year Built1965
- Taxes$ 31896
- Price$ 3,195,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage8256
Data Source:
Southeast Florida MLS (SEFMLS)
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.
Price History | |
---|---|
5/22/2024 | Listed $3,195,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | Central |
Cooling | CentralAir |
Utilities | CableAvailable |
Possession | ClosingFunding |
Roof | Shingle |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1965 |
Stories | 1 |
Levels | One |
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 LITTLE RANCHES |
Garage Y/N | No |
Rent Includes | Gardener,HotWater,Other,Sewer,TrashCollection,Water |
Status | Active |
City | Hollywood |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | DH-2 |
MLS Area | 3050 |
Lot Size Units | SquareFeet |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Listing Terms | Cash,Conventional,Other |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 31896.0 |
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/A11590588 |
Days on Market | 1 |
Standard Status | Active |
Occupancy Type | Tenant |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Hollywood |
Legal Description | HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 1 |
Interior Features
Flooring | Other,Vinyl |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Window Features | ImpactGlass |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14to12AcreLot |
---|---|
Total Parking | 15.0 |
Spa | No |
Building Area Total | 8256.0 |
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