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USAFLHollywood1621 Van Buren St
11 - 1621 Van Buren St, Home with 0 bedrooms, 0 bathrooms and null parking in Hollywood FL | Image 1
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$2,300,000

11 - 1621 Van Buren St, Hollywood, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Income/MultiFamily
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $34,557
Days Active 15
Approx. Age 1925
MLS® Number A11800225

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fausto Commercial is proud to present 1621 Van Buren St, a well-maintained 11-unit multifamily property located east of US1 in the highly desirable Hollywood Lakes neighborhood, just steps from Young Circle. The building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. Spanning 5, 058 sq ft on a 10, 244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. At the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. Seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225, 000.Show Description
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No Data
Walk Score®
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No Data
Transit Score®
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No Data
Bike Score®
MLS® NumberA11800225
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall/Window Units
A/CWall/Window Unit(s)
Heating Fuel

Extras

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