About 206 S 15th Ave
Seller financing available with 30% down! Introducing 206 S 15th Ave, a unique 6-unit multifamily property nestled on a corner lot in the vibrant Young Circle/Hollywood Lakes area of downtown Hollywood. This gem comprises two buildings offering a diverse mix of units, including one 2-bed/1-bath, four 1-bed/1-bath, and one studio unit. Featuring a coin laundry room, this property presents an opportunity for additional monthly income. The location is unbeatable, with easy access to restaurants, bars, shopping, and just a short drive from the beach. Recent upgrades including a new roof and landscaping add to the property's appeal. At full occupancy, it has the potential to generate approximately $140k annual income at market rates, making it a very attractive investment opportunity.
Features of 206 S 15th Ave
| MLS® # | A11581848 |
|---|---|
| Price | $1,599,000 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 206 S 15th Ave |
|---|---|
| Area | 3050 |
| Subdivision | HOLLYWOOD |
| City | Hollywood |
| County | Broward County |
| State | FL |
| Zip Code | 33020-5220 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Flooring | Other, Wood |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Shingle |
| Construction | Block |
| Lot Features | < 1/4 Acre |
| Sewer | Public Sewer |
Additional Information
| Date Listed | May 5th, 2024 |
|---|---|
| Days on Market | 14 |
| Zoning Description | RS-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Rent Includes | Gardener,HotWater,Other,Sewer,TrashCollection,Water |
| Year Built Details | Resale |
| Tax Annual Amount | $13,708 |
| Tax Year | 2023 |
| Buyer Agent Compensation | 2% |
Unit 1 Details
| Beds | 2 |
|---|---|
| Baths | 1.00 |
| Rent | $1,900 |
| Features | Parking:On-Street |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|