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 ...


Property

Website:https://www.nestseekers.com/5548875
Address:
Apt: 1-9
Hollywood, FL 33020
Ownership: For Sale
Type: Unknown

Financials

Price:$2,150,000
Annual Taxes:$21,791

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.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc