Renovated Multi-Family Income
For Sale
Contact for pricing
1841 Adams St # 6, Hollywood, FL 33020
Six leased apartments on a large lot, with recent interior renovations and updated windows and roof.
Property SizeContact for details
Days on Market132
Property Features for 1841 Adams St # 6
General Information
Standard status
Active
Property subtype
Special Purpose
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
John DeMarco · License #BK3134747
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
The property is a multifamily rental consisting of five 1-bedroom/1-bath units and one large studio, totaling 2,763 SF on an 8,183 SF lot. All six apartments are currently leased and reported to be in overall excellent condition.
Most units underwent renovations within the last two years, including new bathrooms, flooring, and paint, along with impact windows. The roof has also been updated, contributing to the building’s recent improvements.
According to the provided information, current rents range from $700 to $900 per month, generating $54,000 in annual gross income. After expenses, the property is reported to net $40,550 per year, with a stated 5.00% actual capitalization rate at full asking price. The remarks also project that increasing rents to $950 to $1,150 per month would raise net income to $66,350 per year on a pro forma basis.
Most units underwent renovations within the last two years, including new bathrooms, flooring, and paint, along with impact windows. The roof has also been updated, contributing to the building’s recent improvements.
According to the provided information, current rents range from $700 to $900 per month, generating $54,000 in annual gross income. After expenses, the property is reported to net $40,550 per year, with a stated 5.00% actual capitalization rate at full asking price. The remarks also project that increasing rents to $950 to $1,150 per month would raise net income to $66,350 per year on a pro forma basis.
Key Highlights
- Six leased units: five 1B/1B plus one large studio in a 2,763 SF building.
- Large 8,183 SF lot.
- Renovations in the last 2 years include new bathrooms, flooring, paint, and impact windows.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six leased apartments on a large lot, with recent interior renovations and updated windows and roof.
Where is this apartment building located?
The property is located at 1841 Adams St # 6 Hollywood, FL.
What are key features of this property?
This property features: Six leased units: five 1B/1B plus one large studio in a 2,763 SF building.; Large 8,183 SF lot.; Renovations in the last 2 years include new bathrooms, flooring, paint, and impact windows.
