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

This 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 5% 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
62
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.