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Commercial Sale

1857 Buchanan

Hollywood, FL 33020

ML#:F10243143
List Price:$950,000
Status:Closed
Days on Market:53
Listing Brkr:Media Realty
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:10915 sqft
Year Built:1951
Stories:2

General Information

Type Property:Commercial Sale
Style:Multi Family
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33020
Subdivision:
Latitude:26.017314
Longitude:-80.144941

Additional Features

Heating:Central, Electric, Window/Wall
Cooling:Central Individual A/C, Wall/Window Unit(s)
Construction:CBS Construction, Frame, Frame With Stucco, Stucco
Waterfront:No

Financial Information

Annual Taxes (2020):$15,752
Days on Market:53

Remarks

The subject is value add CBS and wood frame 9plex constructed in 1951 and is in good condition with fantastic curb appeal. The property is comprised of 2improvements with a well manicured common courtyard with benches and picnic tables for the enjoyment of tenants. The unit breakdown is (3) two-bdrm apts; (5) one-bedroom aptsv & (1) studio apt. All of the apartments except for one have received upgrades and renovations. The laundry facilities and storage rooms are located at the rear of the property in the alley. There are 5 electric meters for the subject property and as such ownership pays water, trash, gas and electric. The rental income is not to par with market rates. It is estimated income can be increased 11%. +++Download the Offer Memorandum from the MLS or visit agents website

Listing Agent

Peter Dacko III

Media Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 604-3276

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