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Key Details
Sold Price $2,080,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,991 sqft
Price per Sqft $416
MLS Listing ID A11525821
Sold Date 11/19/24
Construction Status Resale
HOA Y/N No
Year Built 1994
Annual Tax Amount $17,401
Tax Year 2023
Contingent No Contingencies
Lot Size 0.282 Acres
Property Description
We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.
Location
State FL
County Broward
Area 3040
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Window Features Impact Glass
Exterior
Roof Type Barrel,Tile
Total Parking Spaces 11
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 514215017360
Acceptable Financing Cash, Conventional, Owner May Carry, Other
Listing Terms Cash, Conventional, Owner May Carry, Other
Financing Cash
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Bought with Fausto Commercial Realty Consultants Inc