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$2,300,000
1621 van buren st, a well-maintained 11-unit multifamily property located east of us1 in the highly desirable hollywood lakes neighborhood, just steps from young circle. the building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. at the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back to Search 1621 VAN BUREN ST #1-11, HOLLYWOOD, FL 33020
Income/MultiFamily - for Sale
1621 VAN BUREN ST #1-11, HOLLYWOOD, FL 33020
Asking Price$2,300,000
Share by:
- Lot size 10244sqft
- Taxes: Register to see
- Year Built 1925
-
Days on market:
142 day(s) Original Price:
$2,300,000Tax Legal Description:
HOLLYWOOD 1-21 B LOT 10,11 BLK 71-
MLS:
A11800225 -
Property Type:
Income/MultiFamily -
Parking:
Shared Parking On Street
Construction Type:
Cbs ConstructionRoof:
Built-UpCooling Description:
Wall/Window Unit(s)Heating Description:
Wall/Window UnitsSpecial Listing Conditions:
SaleLot Features:
City Location
