Description
Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 & 2463 Pierce St with 6 total unitsfour 1-bed/1-bath units and two studioson a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95, 8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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2,960SQFT
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$338$/SQFT
School Ratings & Info
Description
Prime value-add multifamily opportunity in Hollywood! This offering features two triplexes at 2459 & 2463 Pierce St with 6 total unitsfour 1-bed/1-bath units and two studioson a half-acre lot. Each unit has a separate electric meter, and each building has its own water meter. This fixer-upper requires rehab, and current rents are below market with all units month-to-month, offering immediate upside. With a pro-forma gross income of $115,200, renovations provide significant potential for rent growth and higher returns. Ideally located just 5 minutes from Downtown Hollywood and I-95, 8 minutes to Hollywood Beach, and 10 minutes from FLL Airport, this property is perfect for investors seeking scale, income growth, and long-term appreciation. Seller financing available!
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