1947 Adams Street # 2 #1-2

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1947 Adams Street # 2 #1-2

Hollywood, FL 33020
Asking Price
$535K
Asset Type
Multifamily
Class
Class B

What's Special

1947 Adams Street #1-2 is located in a residential pocket of Hollywood, Florida, positioned between the city’s downtown core and the Atlantic coast. The property is situated less than one mile from the Young Circle arts district and the Hollywood Boulevard commercial corridor, providing proximity to local dining, retail, and grocery options. Transportation access includes nearby connections to U.S. 1 and I-95, as well as the Hollywood Tri-Rail station, facilitating commutes to Fort Lauderdale and Miami. This multifamily asset is suited for long-term residential leasing or value-add investment strategies. The location appeals to a professional tenant profile seeking proximity to regional employment hubs and downtown amenities while maintaining a residential atmosphere. The unit configuration supports occupancy by individuals or small households looking for centralized access to South Florida's transit network and coastal recreation areas.

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NOI
$80,000
Cap Rate
14.95%
DSCR
2.52
Strong
Cash-on-Cash
30.05%
Monthly Payment
$2,646.888
Annual Cash Flow
$48,237.343

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