We are pleased to present 451 S 19th Ave in Hollywood, an outstanding 8-unit apartment building offering a compelling investment opportunity just steps away from Young Circle and downtown Hollywood. Featuring 8 spacious units, with 7 units featuring 1 bed/1 bath and 1 unit offering 2 beds/1 bath, the property currently enjoys full occupancy. The potential for an impressive $177,000 annual income awaits by adjusting rents to market rates. The property has separate electric meters, impact windows, individual central AC units ensuring convenience and attracting quality tenants. The building is 1990s construction makes maintenance a breeze, and the 40-year certification is not required anytime soon. Parking is hassle-free with 11 assigned spaces. Build up to 10 stories high with PS-3 Zoning.
Property Details
Price:
$2,500,000
MLS #:
A11525821
Status:
Active
Beds:
0
Baths:
0
Address:
451 S 19th Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Hollywood
Listed Date:
Feb 2, 2024
State:
FL
Finished Sq Ft:
4,991
ZIP:
33020
Year Built:
1994
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Schools
Interior
Cooling
Central Individual A/ C
Flooring
Tile, Vinyl
Heating
Central Individual A/ C
Exterior
Construction Materials
Other
Parking Features
Assigned, Other
Parking Spots
11
Roof
Barrel Roof, Tile Roof
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$17,401
Map
Community
- Address451 S 19th Ave Hollywood FL
- CityHollywood
- CountyBroward County
- Zip Code33020
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