Hollywood, FL 33020,1614 Harrison St
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Hollywood, FL 33020,1614 Harrison St

$2,150,000

Est. payment /mo

$2,250,000

4.4%
Est.Price: ?

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1614 Harrison St Hollywood, FL 33020

SOLD DATE : 04/14/2022

Key Details

Sold Price $2,150,000

Property Type Multi-Family

Sub Type Income/Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID F10320529

Sold Date 04/14/22

HOA Y/N No

Total Fin. Sqft 10244

Property Description

The property consists of twelve rental apartments comprised of two studio apartments and ten one-bedroom apartments.
The Lofts on Harrison is situated east of Federal Highway (US-1) walking distance to Young Circle Park as well as nearby shops and restaurants.
Young Circle is home to necessities such as a Walgreens and Publix grocery store and also is the epicenter of the areas nightlife.
The Lofts on Harrison offers an investor the unique opportunity to acquire one of only a few boutique rental properties on Harrison Street east of Federal Highway.
New ownership should be able to take advantage of expected rent growth by raising current below market rents to market levels. The Property also includes a vacant lot to build additional apartments.

Location

State FL

County Broward County

Area Hollywood East (3010-3050)

Zoning LT

Exterior

Water Access N

Private Pool No

Building

Story 2.0000

Others

Pets Allowed No

Acceptable Financing Cash

Listing Terms Cash

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BeachesMLS Matrix (RAPB-F prefix)
Listed by Regency Realty Services
Bought with Regency Realty Services

Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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