Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1967
  • Total Sqft 17,926
  • Date Listed 03/16/2023
  • Days on Market 71
Description

This 10-unit multifamily building is located in an extremely desirable area within West Hollywood. The physical property consists of 6,961 leasable SF, well situated on a large 17,926 sf lot. This property currently is 100 occupied with legacy tenants. The units are easy to manage and are well maintained. The property is currently grossing 143,400 per year and is netting 101,173. This net income provides an investor with a strong 4.23 capitalization rate at a current occupancy. All current tenants are month to month which gives an investor the opportunity to increase rental rates to market value. Seller financing is available.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 17,926Sq.Ft
  • Sqft 17,926 Sq.Ft

Property Features

  • Address 1544-1546 Arthur St
  • Aprox. Lot Size 17,926
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $12,264
  • Tax Legal desc HOLLYWOOD PLACE 7-6 B LOT 1 S 24,LOT 2 BLK 2
  • Tax Year 0
  • Type of Property Multi Family

1544-1546 Arthur St

Hollywood, FL 33020

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000

Real Estate IDX Powered by: TREMGROUP