Listed by Fausto Commercial
$799,000
HOLLYWOOD LAKES
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Year Built 1951
Stories 1
Parking Spaces 2
Multifamily
Marketing description
Best fourplex deal in East Hollywood! Introducing 1711 Buchanan St, an exceptional fourplex in the desirable Hollywood Lakes, East of US-1. This property features four 1-bed/1-bath units, all currently fully occupied and generating $5,200 a month in income, with potential for even more by adjusting rents to market rates. The property has one electric and water meter. Additionally, this property sits on an FH2 zoned lot, allowing for potential redevelopment of up to 22 residential units up to 14 stories high.
Investment highlights
All units are 1 Bed/1 Bath
Monthly Income is $5200 with Upside by Increasing to Market Rates
East of US-1 in Hollywood Lakes just a Few Minutes Away from Young Circle and the Beach
Desirable FH2 zoned lot, allowing for potential redevelopment of up to 22 residential units up to 14 stories high
Listing Contacts
Listed by Fausto Commercial
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