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1822 DIXIANNA ST, Hollywood, 33020 Florida |
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$1,849,000
Beds Baths
1822 DIXIANNA ST
Hollywood , FL 33020
COMMERCIAL
- ACTIVE
MLS #: A10553175
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STATUS: ACTIVE,
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MLS #: A10553175, TAX YEAR: 2017
Seller offering some seller financing! This apartment complex is located on a huge 20,953 sf lot. It is 1 block west of Federal Highway. Most tenants are month to month but have been renters for up to 8 years. All units have updated kitchens and consist of 6-studios ($775/m each), 4-one bedroom ($800/month each), 1-2/2 ($850/month), 2 small studios ($675/month each). Built in 1945, with 13 parking spots. The cap rate is 5% but rents are below market. Owner has current active hotel license. Property can easily be turned back to a hotel. Zoned C2 (mixed use commercial) for up to 10 story building. Please see photos and attachments. DO NOT APPROACH TENANTS!
AMENITIES: LOT SIZE BETWEEN 1/4 AND 1/2 ACRE,
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