




USD 2,400,000
1544-1546 Arthur St
Hollywood, Florida 33020
Beds
Baths
0
Property Description
This 10-unit multifamily building is located in an extremely desirable area within West Hollywood. The physical property consists of 6,961 leasable SF, well situated on a large 17,926 sf lot. This property currently is 100% occupied with legacy tenants. The units are easy to manage and are well maintained. The property is currently grossing $143,400 per year and is netting $101,173. This net income provides an investor with a strong 4.23% capitalization rate at a current occupancy. All current tenants are month to month which gives an investor the opportunity to increase rental rates to market value.
Listed by RE/MAX 5 Star Realty
Property Details
- ID #
- A11358159
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33020
- Year Built
- 1967
- Occupancy
- Tenant Occupied
- Type of Building
- Apartments, Residential-Multi-Family
- Utilities
- Internet
- Zoning Information
- RM-12

John DeMarco
Broker / Owner
RE/MAX 5 Star Realty
1901 Harrison St.
Hollywood, Florida
1901 Harrison St.
Hollywood, Florida
Mobile: +1 954-453-1000
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Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.