2201 Greene St Unit #1-9, Hollywood, FL 33020

$2,150,000

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List Price
$2,150,000
MLS#
A12014932
Status
ACTIVE WITH CONTRACT
Type
Commercial

Property Description

2201 Greene Street is a fully renovated 9-unit multifamily property located in the heart of Hollywood, just minutes from Downtown Hollywood, major transportation corridors, and South Florida’s top amenities. The property features a desirable unit mix consisting of four 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering strong appeal within one of Broward County’s most active rental markets. Extensive renovations include new plumbing, updated electrical, new A/C systems, impact windows and doors, and fully remodeled interiors, creating a stable turnkey investment opportunity. The asset is currently operating at an attractive 7.27% going-in cap rate with additional long-term upside potential. The property also includes eight on-site parking spaces for tenant convenience. Ideally located approximately 5 minutes from Downtown Hollywood, 8 minutes from Fort Lauderdale-Hollywood International Airport, 10 minutes from the beach, and with easy access to Interstate 95, the property benefits from strong and consistent tenant demand driven by nearby employment centers, shopping, dining, and entertainment.

Additional Information

Days on Market
15
Tax Amount
$21,791
Parcel Number
514204012450
Lot Size
4,658
Address
2201 Greene St Unit #1-9, Hollywood
Year Built
1960

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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: