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For Sale

6101 Garfield St, Unit 1-6, Hollywood, Florida 33024

$1,200,000
Presenting an opportunity to acquire this well-maintained 6-unit residential multifamily investment property in Hollywood, Florida. The property comprises of 4 one-bedroom, one bathroom units ($1,450 average rent) and 2 two-bedroom, two bathroom units ($1,500 per unit). Rents are below market, offering potential for increase. Onsite parking is available and there's a laundry room with coin operated machines which generates additional income. With low maintenance costs and approximately 6% cap rate, this property features strong net operating income and significant growth opportunities. Located in close proximity to the Hard Rock Hotel and Casino and situated in a mixed-use development area, it benefits from high rental demand & high occupancy rates. Don't miss out on this opportunity!
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Details

    • Property Type: Commercial
    • Property SubType: Multi Family
    • Listing Type: For Sale
    • Listing ID: F10461031
    • Price: $1,200,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1973
    • Status: Active
    • Original Property Type: Commercial Sale

Features

    • Heating System : Central
    • Cooling System : Central Air
    • Roof Deck : Shingle, Composition
    • Flooring : Ceramic Tile
    • Parking : Common

Location

    • Country US
    • State FL
    • County Broward
    • City Hollywood
    • Zipcode 33024
    • Neighborhood: Hollywood
    • Street: Garfield St
    • Street Number: 6101
    • Floor Number: 0
    • Unit No.: 1-6
    • Longitude: W81° 47' 23.1''
    • Latitude: N26° 1' 14.5''
    • Directions: SEE GPS

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