Multifamily Property – 6 Units in Hollywood, FL – Fully Leased with Income Potential
Commercial Sale
Category: Multifamily
Price:$1,700,000
Location: Hollywood, FL
Days on Market: 41
Description:
Fausto Commercial proudly presents 206 S 15th Ave, a unique 6-unit multifamily property located on a corner lot in the sought-after Hollywood Lakes area of downtown Hollywood. The property consists of two buildings with a well-balanced unit mix: two 2-bed/1-bath units, three 1-bed/1-bath units, and one studio. Fully leased and featuring a coin-operated laundry room for added income, this asset is ideally positioned near restaurants, bars, shopping, and just minutes from the beach. Recent improvements, including a new roof and updated landscaping, enhance its appeal, with projected pro forma gross income expected to increase to $142,400 annually.
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Listing Code: 1113100604