1822 Dixianna St, Hollywood, FL 33020

$1,849,000
4,868
SqFt
List Price
$1,849,000
MLS
A10553002
Complex Name
Frank Add To Hollywood
Status
ACTIVE
Type
Multifamily
Living Area
4,868

Property Description

The apartment complex is located on a huge 20,953 sf lot. It is 1 block west of Federal Highway. Most tenants are month to month but have been renters for up to 8 years. All units have updated kitchens and consist of 6-studios ($775/m each), 4-one bedroom ($800/month each), 1-2/2 ($850/month), 2 small studios ($675/month each). Built in 1945, with 13 parking spots. The cap rate is 6% but rents are below market. Owner has current active hotel license. Property can easily be turned back to a hotel. Zoned C2 (mixed use commercial) for up to 10 story building. Please see photos and attachments. DO NOT APPROACH TENANTS!

Additional Information

Days on Market
9
Style
Fourplex
Exterior Features
Patio
#Parking Spaces
13
Year Built
1945
Construction Type
Concrete Block Construction
Section
10
Subdivision Number
18
Municipal Code
51

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Eagle Realty.