Hollywood Little Ranches, 2206 Adams St Hollywood, 33020

$3,195,000Price
8,256SqFt

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Size: 8,256 ft2 / 767 m2
Price: $387 ft2 / $4,166 m2
Built: 1965
MLS Number: A11590588
On Site: 170 Days
Updated: 9 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
05/19/2024

Date

Listed

Event

$3.2M

Price

$387 ft2 / $4,166 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Elior LeviFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$200/ft²
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Unit 2206 Adams St – Asking

$387/ft²

(+2%) from Closed Medium $/ft²

Closed Medium $/ft²

$378/ft²
Community $/Price Range (Closed) $148/ft² – $458/ft²
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