Hollywood
$950,000
1940 Adams St, Hollywood, FL 33020
3
Units
1954
Year Built
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Rent Rolls
- Architectural Style: Detached
- Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating: Central, Window/Wall
- Construction Materials: Frame With Stucco
Description:
Investor Alert! Prime location just 5 blocks from Downtown Hollywood's Young Circle and 5 minutes to the beach. Triplex includes two 1BD/1BA units upstairs and a spacious 2BD/2BA unit on the first floor. Property is partially furnished and features porcelain tile floors, European-style kitchens, and stainless steel appliances. Zoned for short-term rentals—ideal for Airbnb or seasonal income. First-floor unit can be converted into two 1BD/1BA units, generating up to $21K in additional annual income. Rents are currently below market, creating strong upside potential. Lot allows for up to 10 units—excellent redevelopment opportunity. Live in one and rent the rest, or maximize income as a short-term rental portfolio.
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