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.
- Address 2206 Adams St
- City Hollywood
- County Broward
- Zip 33020
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Price
$3,195,000
($387 / SqFt) - Status Pending
- Subdivision Hollywood Little Ranches
- Pets Allowed No
- MLS® # A11590588
- Property Type Residential Income
- Property Sub TypeQuadruplex
- Status Pending
- Square Feet 8,256
- Year Built 1965
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $31,896
- Tax Year 2023