Hollywood, FL

2308 Jackson St, Hollywood FL 33020

5062 SF LIVING AREA
$2,195,000

Key Details

Status
Active Under Contract
Property Type
Quadruplex
Year Built
1959

Overview

We are pleased to present 2308 Jackson St, a turnkey 9-unit multifamily gem just 2 minutes away from Young Circle and downtown Hollywood. Fully renovated with care, this property offers eight 1-bed/1-bath units and one spacious 2-bed/1-bath unit, featuring new vinyl flooring, modern kitchens, impact windows and stylish bathrooms. Providing central air, assigned parking, and individual water and electric meters, it ensures low expenses and tenant convenience. Currently fully occupied, it generates over $185,000 annually, with potential for increased returns by aligning rents with market rates. A coin laundry room adds to its revenue stream. Sitting on a 20,000 sqft lot with DH-2 zoning, allowing up to 33 units, this property provides immediate returns with future potential for even more!

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