9
$995,000 Sale
Listed 15 hours ago
1910 Washington St
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Key Facts
Key facts for 1910 Washington St
Property Type
Apartment, Unspecified
Parking
-
MLS #
A11899548
Size
-
Basement
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Listed on
-
Lot size
-
Tax
$10,212 /yr
Days on Market
-
Year Built
1949
Maintenance Fee
-
Description
The Subject property is a fully approved, shovel-ready 9-unit multifamily development in the heart of Hollywood, Florida. The property features a 1,986± SF duplex on an 8,283± SF lot (PS-1 zoning), currently leased to two tenants generating $5,000/month. Approved plans include a modern 9-unit buildi...ng, 10 parking spaces, and landscaping designed to meet all city standards. Once stabilized, the project is expected to produce $295k in gross annual income, $222,750 NOI, and a 9.3% cap rate. Located near Downtown Hollywood, Young Circle, and major highways, this is a turnkey opportunity for investors or developers.
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Listing courtesy of: RE/MAX 5 Star Realty