1512 Harrison St ,Apartments for Sale & Rent

1512 Harrison St for Sale & Rent

Price $2,300,000.00

• Lot size 10243
• Year Build 1929
• Waterfront
• Zip 33020
• Style
• Parking Description Other, Shared Parking, On Street
• Pool Yes
• Status Active

Description

Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better?just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11547983

HOLLYWOOD 1-21 B LOT 19,20 BLK 78

In Residential Area

Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better?just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.

City:Hollywood,Zoning:RS-6,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Vinyl,Latitude:26.0105125,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:2300000,Listing Id:A11547983,Longitude:-80.1376622,Mls Status:Active,Year Built:1929,Postal Code:33020,Street Name:Harrison St,Coordinates:1:26.0105125,Photos Count:17,Days On Market:36,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:3050,On Market Date:2024-03-11,Parcel Number:514215024620,Property Type:Commercial Sale,Stories Total:2,Street Number:1512,Open Parking Y N:1,Public Remarks:Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better?just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.,County Or Parish:Broward County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Parking Features:1:Shared Parking,2:On Street,Postal Code Plus4:5226,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:39185,Unparsed Address:1512 Harrison St, Hollywood FL 33020,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:5374,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:10243,Number Of Buildings:2,Original List Price:2400000,Previous List Price:2500000,Public Survey Range:51,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Seller financing! Introducing 1512 Harrison St, a truly unique 9-unit multifamily gem situated right on Young Circle in downtown Hollywood. Comprising two buildings, it offers a diverse mix of units including two 2-bed/1-bath, four 1-bed/1-bath, and three studios. The property also features four rented storage units, providing additional monthly income. Some units have been updated with new vinyl flooring, fresh paint, and more. The location couldn't be better?just steps away from restaurants, bars, shopping, and a short drive from beaches. At full occupancy, it has the potential to generate around $200,000 annually, with an opportunity for increased returns by converting the storage units into studios, creating added value. A coin laundry room further contributes to its revenue stream.,Financial Data Source:1:Projected Pro-Forma,Listing Contract Date:2024-03-11,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:1512,Tax Legal Description:HOLLYWOOD 1-21 B LOT 19,20 BLK 78,Public Survey Township:51,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2.25%,M I A M I R E_ Internet Remarks:Please visit Fausto Commercial,Contract Status Change Date:2024-03-11,Internet Address Display Y N:1,Number Of Units In Community:9,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.25%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.25%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,