1735 Arthur St ,Income Non-waterfront for Sale & Rent

1735 Arthur St for Sale & Rent

Price $2,050,000.00

• Lot size 17032
• Year Build 1957
• Waterfront
• Zip 33020
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prime Investment Opportunity in Hollywood, FL - Explore this exceptional property at 1735 Arthur St, featuring 13 units within two buildings. Currently generating $120k/yr from one occupied building, with the second building undergoing renovations poised to reach over $235k/yr in income upon completion, this property presents a compelling income potential. Boasting a pool, 13 parking spaces, and the option for short-term rentals due to its history as a motel, the property is situated on a spacious 17k sqft lot zoned for potential redevelopment of approximately 30 units, making it an enticing prospect for investors seeking both immediate returns and future growth. Contact the listing agent for comprehensive financial details and seize this prime investment opportunity today!

ST JAMES PARK 2-37 B LOT 3 BLK 1

Prime Investment Opportunity in Hollywood, FL - Explore this exceptional property at 1735 Arthur St, featuring 13 units within two buildings. Currently generating $120k/yr from one occupied building, with the second building undergoing renovations poised to reach over $235k/yr in income upon completion, this property presents a compelling income potential. Boasting a pool, 13 parking spaces, and the option for short-term rentals due to its history as a motel, the property is situated on a spacious 17k sqft lot zoned for potential redevelopment of approximately 30 units, making it an enticing prospect for investors seeking both immediate returns and future growth. Contact the listing agent for comprehensive financial details and seize this prime investment opportunity today!

City:Hollywood,Roof:1:Shingle,Zoning:FH-2,Cooling:1:Other,List A O R:A-Miami Association of REALTORS,Stories:1,Electric:1:Separate Meters,Flooring:1:Other,Latitude:26.0229236,Cooling Y N:1,Lease Term:Annual Lease,Month To Month,List Price:2050000,Listing Id:A11435131,Longitude:-80.1424876,Mls Status:Active,Year Built:1957,Possession:1:Other,Postal Code:33020,Street Name:Arthur St,Coordinates:1:26.0229236,Photos Count:25,Water Source:1:Public,Business Type:1:Hotel/Motel,Days On Market:2,Listing Terms:1:All Cash,2:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2023-08-12,Parcel Number:514210020060,Parking Total:13,Property Type:Commercial Sale,Stories Total:1,Street Number:1735,Public Remarks:Prime Investment Opportunity in Hollywood, FL - Explore this exceptional property at 1735 Arthur St, featuring 13 units within two buildings. Currently generating $120k/yr from one occupied building, with the second building undergoing renovations poised to reach over $235k/yr in income upon completion, this property presents a compelling income potential. Boasting a pool, 13 parking spaces, and the option for short-term rentals due to its history as a motel, the property is situated on a spacious 17k sqft lot zoned for potential redevelopment of approximately 30 units, making it an enticing prospect for investors seeking both immediate returns and future growth. Contact the listing agent for comprehensive financial details and seize this prime investment opportunity today!,County Or Parish:Broward County,Expiration Date:2024-02-09,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3625,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:30458,Unparsed Address:1735 Arthur St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Building Area Total:4974,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:17032,Number Of Buildings:2,Original List Price:2350000,Public Survey Range:51,Documents Available:1:Photos,2:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Prime Investment Opportunity in Hollywood, FL - Explore this exceptional property at 1735 Arthur St, featuring 13 units within two buildings. Currently generating $120k/yr from one occupied building, with the second building undergoing renovations poised to reach over $235k/yr in income upon completion, this property presents a compelling income potential. Boasting a pool, 13 parking spaces, and the option for short-term rentals due to its history as a motel, the property is situated on a spacious 17k sqft lot zoned for potential redevelopment of approximately 30 units, making it an enticing prospect for investors seeking both immediate returns and future growth. Contact the listing agent for comprehensive financial details and seize this prime investment opportunity today!,Financial Data Source:1:Owner Provided,2:Projected Pro-Forma,Listing Contract Date:2023-08-12,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Appointment Only,Call Listing Agent,Other Showing Instruction,Street Number Numeric:1735,Tax Legal Description:ST JAMES PARK 2-37 B LOT 3 BLK 1,Electric On Property Y N:1,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.5%,Contract Status Change Date:2023-08-12,Internet Address Display Y N:1,Number Of Units In Community:13,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,