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1841 Adams St, Apt 6
Out Of Market
Recommend
Out Of Market
35
Home61's Closings in
Hollywood
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 7,690
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
1324 days
$ /sqft
-
Type
other
Year Built
1980
Unit
6
Zip Code
33020
Ref./MLS ID
A10925395
DESCRIPTION
The subject property consists of five 1b/1b and one large studio; the total building size is 2,763 sf, well situated on a large 8,183 sf lot. All 6 apartments are leased and in overall excellent condition. Most of the units have been renovated in last 2 years including new bathrooms, flooring, paint, impact windows, and new roof. The apartments are leased between $700. 00 -$900. 00 per month, grossing $54,000 per year. After all expenses this property is netting $40,550 per year providing an investor with an 5. 00% actual capitalization rate at full asking price. A new owner can increase current rents to $950-$1,150 per month which would raise the net income to $66,350 per year providing a 8. 84% capitalization rate on a pro-forma basis.
Data is provided by Miami Board of Realtors.
Public transportation
Miami Central
24 mins
Sheridan Street
35 mins
Hollywood
35 mins
Hallandale Beach Bd & s Federal Hy
E
21 mins
Nearby School In Hollywood
Data Provided by greatschools.org
Neighborhood
Hollywood
- Hollywood
Listed on September 10, 2020 by John DeMarco from RE/MAX 5 Star Realty, this other is for sale. other for sale in Hollywood listed at $750,000, Reference A10925395
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.