Commercial Real Estate Property For Sale In Hollywood

1512 Harrison St Hollywood, FL 33020
 Directions

$2,300,000

  • 1929 Year Built
  • Mar 11, 2024 Listing Date

MLS #

:

A11547983

Price

:

$2,300,000

Status

:

Listing Date

:

Mar 11, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1929

Taxes

:

$39,185 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better—just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.

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