Apt: 1-9
Hollywood, FL 33020

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$2,150,000
Annual Taxes:$21,791
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc

2201 Greene Street is a fully renovated 9 unit multifamily property located in the heart of Hollywood, just minutes from Downtown Hollywood, major transportation corridors, and South Florida s top ...

Description

2201 Greene Street is a fully renovated 9-unit multifamily property located in the heart of Hollywood, just minutes from Downtown Hollywood, major transportation corridors, and South Florida’s top amenities. The property features a desirable unit mix consisting of four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering strong appeal within one of Broward County’s most active rental markets. Extensive renovations include new plumbing, updated electrical, new A/C systems, impact windows and doors, and fully remodeled interiors, creating a stable turnkey investment opportunity. The asset is currently operating at an attractive 7.27% going-in cap rate with additional long-term upside potential. The property also includes eight on-site parking spaces for tenant convenience. Ideally located approximately 5 minutes from Downtown Hollywood, 8 minutes from Fort Lauderdale-Hollywood International Airport, 10 minutes from the beach, and with easy access to Interstate 95, the property benefits from strong and consistent tenant demand driven by nearby employment centers, shopping, dining, and entertainment.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.