1621 Van Buren St

Hollywood, FL 33020

  • 12 Bed(s)
  • 12 Bath(s)
  • 5,058 Sqft
$2,300,000

Description

Fausto commercial is proud to present 1621 van buren st, a well-maintained 11-unit multifamily property located east of us1 in the highly desirable hollywood lakes neighborhood, just steps from young circle. the building includes ten 1-bed/1-bath units and one studio, all with separate electric meters. spanning 5,058 sq ft on a 10,244 sq ft lot, the property has undergone recent renovations and features a new roof and dedicated parking. at the asking price, it offers a solid going-in cap rate of 6.5%, with the potential to exceed 7% through modest rent increases. seller financing is available with just 30% down and attractive terms, making this a compelling investment opportunity in a prime redevelopment area with projected pro forma gross income exceeding $225,000.

  • Property Type

    ResidentialIncome

  • Subdivision

    Hollywood

  • County

    Broward

  • Style

    Fourplex

  • AD ID

    49779646

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BuyOwner last updated this listing 05/21/2025 @ 11:42

  • MLS: A11800214
  • LISTING PROVIDED COURTESY OF: Elior Levi, Fausto Commercial Realty Consultants Inc
  • SOURCE: SEFMIAMI

is a Home, with 12 bedrooms which is for sale, it has 5,058 sqft, 5,058 sized lot, and 0 parking. are nearby neighborhoods.