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$3,776,000
Introducing an 11-unit multifamily property, newly renovated. features new windows, plumbing, and electrical systems. each unit offers pristine kitchens with stainless steel appliances, quartz countertops, and stylishly reimagined bathrooms. the property consists of 10 spacious 1-bed/1-bath units + one studio unit, each with its own electric meter. located near downtown hollywood, i-95, and beaches. currently being fully renovated with permits. anticipated monthly rental rates of $2,350, projecting a gross rental income (gri) exceeding $299,000 and a net operating income (noi) surpassing $247,000. don't miss this investment opportunity with a proforma capitalization rate (cap rate) of 6.55% in a prime neighborhood.Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale
Back 1946 PIERCE ST, HOLLYWOOD, FL 33020
Income/MultiFamily - 1946 Pierce Street for Sale
1946 PIERCE ST, HOLLYWOOD, FL 33020
Asking Price$3,776,000 Change Price$174,000
Share by:
- Lot size 10907sqft
- Taxes $23,438
- Year Built 2023
-
Days on market:
30 day(s) Original Price:
$3,950,000Tax Legal Description:
HOLLYWOOD 1-21 B LOT 26,27 BLK 20-
MLS:
A11481694 -
Property Type:
Income/MultiFamily -
Waterfrontage (sqft):
80 -
Inclusions:
Building & Land
Construction Type:
PlasterRoof:
Built-UpFloor Description:
VinylSpecial Listing Conditions:
SaleLot Features:
City Location
