Basic Information
- MLS # A11590588
- Type Quadruplex
- Status Closed
- Subdivision/Complex HOLLYWOOD LITTLE RANCHES
- Year Built 1965
- Total Sqft 8,256
- Date Listed 05/22/2024
- Days on Market 254
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Style Quadruplex
Interior Features
- Adjusted Sqft 8,256Sq.Ft
- Cooling Description Central Air
- Floor Description Other, Vinyl
- Heating Description Central
- Sqft 8,256 Sq.Ft
Property Features
- Address 2206 Adams St
- Aprox. Lot Size 8,256
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash, Conventional, Other
- HOA Fees $0
- Subdivision Complex
- Subdivision Info HOLLYWOOD LITTLE RANCHES
- Tax Amount $31,896
- Tax Legal desc HOLLYWOOD LITTLE RANCHES 1-26 B LOT 22 BLK 1
- Tax Year 2023
- Terms Considered Cash, Conventional, Other
- Type of Property Quadruplex
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc. tel: 9547437594
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