Skip To Content
    Return to Previous Page

    1841 Adams St , 1-4

    Hollywood, FL 33020
    • $750,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: A10925395
    UPDATED: 77 min ago
    $750,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    The subject property consists of five 1B/1B and one large studio; the total building size is 2,763 SF, well situated on a large 8,183 sf lot. All apartments are leased and in overall excellent condition. Most of the units have been renovated in last 2 years including new bathrooms, flooring, paint, impact windows, and new roof. The apartments are leased between $700.00 -$900.00 per month, grossing $54,000 per year. After all expenses this property is netting $40,550 per year providing an investor with an 5.00% actual capitalization rate at full asking price. A new owner can increase current rents to $950-$1,150 per month which would raise the net income to $66,350 per year providing a 8.84% capitalization rate on a pro-forma basis.

    Monthly Payment Calculator



    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-01-19T20:41:41.33.
    www.prestigergmiami.com/homes/109890867
    Print Image

    1841 Adams St , 1-4 Hollywood, FL 33020

    • Price: $750,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: A10925395
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1980
    Built
    County:
    Broward
    Property Description
    The subject property consists of five 1B/1B and one large studio; the total building size is 2,763 SF, well situated on a large 8,183 sf lot. All apartments are leased and in overall excellent condition. Most of the units have been renovated in last 2 years including new bathrooms, flooring, paint, impact windows, and new roof. The apartments are leased between $700.00 -$900.00 per month, grossing $54,000 per year. After all expenses this property is netting $40,550 per year providing an investor with an 5.00% actual capitalization rate at full asking price. A new owner can increase current rents to $950-$1,150 per month which would raise the net income to $66,350 per year providing a 8.84% capitalization rate on a pro-forma basis.
    Exterior Features

    Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 2763

    Property Features

    Association YN No Business Type Commercial/Residential IncomeResidential-Multi-Family Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Public Survey Section 15 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 7690

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-01-19T20:41:41.33.
     
    https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A10925395-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A10925395-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A10925395-2.jpg
    Logo
    Prestige Realty Group, LLC
    5966 S Dixie Highway, Suite 300
    Miami FL, 33143