2020 Washington St, Hollywood, FL 33020

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List Price
$2,490,000
MLS
A12092378
Complex Name
Hollywood South Side Add
Status
ACTIVE
Type
Multifamily
Living Area
4,112

Property Description

Rare Hollywood investment opportunity combining immediate income with exciting long-term potential. The property features 10 income-producing units generating steady monthly income on an 11,168 SF double lot. Investors can benefit from the existing cash flow while exploring the property’s redevelopment potential. Based on current zoning and applicable development regulations, the site may offer the opportunity for a higher-density residential project, potentially up to 40 units or more. An excellent opportunity for investors looking to combine current income with future growth in a desirable Hollywood location. Development potential is subject to applicable zoning, city requirements, and approvals.

Additional Information

Days on Market
18
Style
Quadruplex, Multi Family
#Parking Spaces
8
Year Built
1926
Development Name
Hollywood South Side Add
#Stories
2
Construction Type
CBS Construction
Section
22

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Calculator source: Real Geeks

Listing Courtesy of Direct Realty Solutions, Contact: