1947 Buchanan St , 1-8

    Hollywood, FL 33020
    • $970,000
    • STATUS: Active
    • ON SITE: 123 days
    • MLS #: H10503034
    UPDATED: 47 min ago
    $970,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    Comments of the Subject Property: The property located at 1943-1947 is a unique investment opportunity. It consists of 8 rental units and is located in area which is experiencing a rebirth. 7.7% Cap Rate. The property itself consists of two structures totaling 4,078 square feet and was constructed in 1953. The building on the east side consists of a two story building containing 1 (3/1) and 2 (1/1)s. The other structure contains the six units. This location is desirable due to the proximity of the redevelopment of the downtown corridor of Hollywood and its low density multi-family zoning. Currently the subject property is rented on a weekly basis with utilities included.The subject site is located within the boundaries of the Community Redevelopment Agency and measures +/- 122770 SF.

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    Information is deemed reliable but not guaranteed. © 2018 Participating Associations in the SEFLMLS. All rights reserved. This information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated 2018-11-13T22:00:22.34.
    www.welovesouthflorida.com/homes/85543307

    1947 Buchanan St , 1-8 Hollywood, FL 33020

    • Price: $970,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: H10503034
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1947
    Built
    Neighborhood:
    8 Unit Apt Bldg
    County:
    Broward
    Area:
    3050
    Property Description
    Comments of the Subject Property: The property located at 1943-1947 is a unique investment opportunity. It consists of 8 rental units and is located in area which is experiencing a rebirth. 7.7% Cap Rate. The property itself consists of two structures totaling 4,078 square feet and was constructed in 1953. The building on the east side consists of a two story building containing 1 (3/1) and 2 (1/1)s. The other structure contains the six units. This location is desirable due to the proximity of the redevelopment of the downtown corridor of Hollywood and its low density multi-family zoning. Currently the subject property is rented on a weekly basis with utilities included.The subject site is located within the boundaries of the Community Redevelopment Agency and measures +/- 122770 SF.
    Exterior Features

    Acreage Description 1/4 Acre Or Less Approximate Lot Size 12277 Construction Type Concrete Block Construction Location Of Property Central Business DistrictCity Location Parking Description Common Parking Parking Spaces 9 Waterfront Property No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floors 2 Heating Description Wall/Window Units Maximum Ceiling Height 8.0000

    Property Features

    Association Fee 0 Electric Service 110 Volts Power Geographic Area Hollywood East (3010-3050) Possession Information Funding Property Description 8 Units East Hollywood Sewer Description Public Sanitation Style Of Property Income Non-Waterfront Tax Amount 13281 Tax Year 2017 Tenant Pays Telephone Terms Considered All CashConventional/Refinance Type Of Building Apartments Type Of Property Income Water Description Public Water Year Built Description Resale Zoning Information Rmcra-18

    Listing courtesy of Media Realty.


    Information is deemed reliable but not guaranteed. © 2018 Participating Associations in the SEFLMLS. All rights reserved. This information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated 2018-11-13T22:00:22.34.
     
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