$4,400,000
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Quadruplex, Residential Income
22 unit building in the heart of Hollywood with additional value add potential! 8 two bedrooms units and 14 one bedroom units has a monthly income of $37,600, net operating income (NOI) of $306,285 and a cap rate of 6.96%.Building has 22 parking spaces with additional street parking, gated entry, coin laundry and security cameras. Additionally, this property sits on a DH-3 zoned lot, allowing for huge potential redevelopment. Located in the Dixie Highway Mixed Use District, property can be up to 10 stories or max 140 Ft. Potential use as Retail, Hotel, Multi-Family or Mixed Use making it an attractive option for investors looking to capitalize on future growth opportunities in the area.
This quadruplex home located at 2000 Buchanan St, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 12 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1962. 2000 Buchanan St, Hollywood FL 33020 is in Hollywood county Broward County.
