$2,150,000
$2,250,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
1614 Harrison St Hollywood, FL 33020
Key Details
Sold Price $2,150,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hollywood Beach
MLS Listing ID F10323312
Sold Date 04/14/22
Style Fourplex
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 10244
Year Built 1948
Annual Tax Amount $17,554
Tax Year 2021
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.
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
Interior
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Carpeted Floors, Wood Floors
Exterior
Water Access N
Roof Type Tar & Gravel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 2.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash
Listing Terms Cash
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Bought with Regency Realty Services