1942 Buchanan St Hollywood, FL 33020
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1942 Buchanan St
- Year built
- 1953
- Property type
- Small apartment buildings
Description
This exceptional multifamily investment opportunity in Hollywood, Florida, presents a unique chance to acquire a portfolio of three distinct buildings on a single parcel at 1942 Buchanan St, 33020. The property comprises a duplex featuring two spacious units – a three-bedroom, two-bathroom unit and a two-bedroom, one-bathroom unit. Additionally, there's a separate, single-unit building with potential for conversion into a studio or one-bedroom apartment. Finally, an unfinished fourplex, currently in the final stages of development, offers four two-bedroom, one-bathroom units. Please note that this fourplex lacks a certificate of occupancy. The entire complex was constructed in 1953 and is a two-story structure. This property is situated in a prime Hollywood location, offering significant potential for rental income and future appreciation. The asking price for this remarkable investment is $1,450,000. This is a rare chance to own a substantial multifamily property in a highly desirable area. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1463463
- Latitude
- 26.016771
