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    1941 Washington St

    Hollywood, FL 33020
    • $1,499,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: F10283005
    $1,499,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Investment or Redevelopment Opportunity! Beautifully maintained 8 unit building on double lot near Hot Downtown Hollywood in the city's "Opportunity Zone". Property consists of 1- large one bedroom and 7- large Studio Apartments, 12 Parking spaces. Updates include ALL IMPACT WINDOWS, steel raised-panel doors, renovated kitchens and baths (tile, faucets, fixtures), ceramic tile floors, lighting and electric - separate electric meters, coin operated laundry, French doors for each unit open to private, gated courtyard. May have potential to convert property to AirBnB or Assisted Living .Pro-forma cap rate at 6% or more. Possibilities are endless. Own and collect rents now and/or redevelop. NO SHOWINGS UNTIL CONTRACT IS ACCEPTED. CASH OFFERS ONLY with possible owner financing.

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-06-14T00:17:51.777.
    www.palmbeachcountyhomesearch.com/homes/117186693
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    1941 Washington St Hollywood, FL 33020

    • Price: $1,499,000
    • Status: Active
    • ID#: F10283005
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1970
    Built
    Neighborhood:
    3050
    County:
    Broward
    Area:
    3050
    Property Description
    Investment or Redevelopment Opportunity! Beautifully maintained 8 unit building on double lot near Hot Downtown Hollywood in the city's "Opportunity Zone". Property consists of 1- large one bedroom and 7- large Studio Apartments, 12 Parking spaces. Updates include ALL IMPACT WINDOWS, steel raised-panel doors, renovated kitchens and baths (tile, faucets, fixtures), ceramic tile floors, lighting and electric - separate electric meters, coin operated laundry, French doors for each unit open to private, gated courtyard. May have potential to convert property to AirBnB or Assisted Living .Pro-forma cap rate at 6% or more. Possibilities are endless. Own and collect rents now and/or redevelop. NO SHOWINGS UNTIL CONTRACT IS ACCEPTED. CASH OFFERS ONLY with possible owner financing.
    Exterior Features

    Approximate Lot Size 10717 Construction Type Cbs Construction Roof Description Comp Shingle Roof Style Of Property Income Non-Waterfront Type Of Property Income/Multi-Family Waterfront Property YN No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Ceramic Floor Heating Description Wall/Window Units

    Property Features

    Geographic Area Hollywood East (3010-3050) Possession Information Funding Property Sq Ft 10717 REO No Sewer Description Public Sanitation Short Sale No Tax Amount 13206 Tax Year 2020 Terms Considered CashOwner Financing Type Of Building Residential-Multi-Family Unit Count 0 Water Description Public Water Zoning Information Rmcra-12

    Listing provided courtesy of Nexthome Realty Professionals. Listing information © 2021 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-06-14T00:17:51.777.
     
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