1711 Buchanan St, Hollywood FL 33020,Hollywood,Broward County,Residential Income

Property ID: A11619140
Price: $799,000
Property Size: 1561 Square Feet
Year Built: 1951
Property Type: Quadruplex
Property Status: Residential Income

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1711 Buchanan St, Hollywood FL 33020

$799,000

Description

Best fourplex deal in East Hollywood! Introducing 1711 Buchanan St, an exceptional fourplex in the desirable Hollywood Lakes, East of US-1. This property features four 1-bed/1-bath units, all currently fully occupied and generating $5,200 a month in income, with potential for even more by adjusting rents to market rates. The property has one electric and water meter. Additionally, this property sits on an FH2 zoned lot, allowing for potential redevelopment of up to 22 residential units up to 14 stories high.