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Active Income/MultiFamily
$1,650,000
2028 Fillmore St, Hollywood FL 33020, Hollywood, FL 33020
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1942
Year Built

About This Property

Rare 8-unit multifamily investment opportunity just north of Downtown Hollywood. Property consists of 3 buildings totaling approximately 6,402 SF on a 10,904 SF lot with a unit mix of four 1/1s, two 2/1s, one 2/2 and one studio. Currently 87.5% occupied with 7 of 8 units leased. Current NOI is approximately $85,548 with a 5.18% cap rate. Ownership projects approximately $132,608 NOI and an 8.04% cap rate at full occupancy and projected rents. Major capital improvements include replacement roofs on all 3 buildings, updated HVAC systems, updated bathrooms in every unit and 5 renovated kitchens. Features include on-site laundry, private terrace, separate rear cottage and dedicated parking for the front house. DH-3 zoning near Hollywood Blvd, Young Circle, Dixie Hwy and US-1.

Property Details

Property Type Income/MultiFamily
Days on Market 1 day
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community —
Pets Allowed

Location

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D
Dayron Crespo
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