We are pleased to present 2206 Adams St, a turnkey 15-unit multifamily gem located just 2 minutes from Young Circle and downtown Hollywood. This fully renovated property includes one 3-bed/2-bath unit, five 1-bed/1-bath units, and nine spacious studio units, all featuring new flooring, modern kitchens, impact windows/doors, and stylish bathrooms. With central air, assigned parking, and individual electric meters, it ensures low expenses and maximum tenant convenience.
Currently fully occupied, the property generates nearly $300,000 annually, with potential for increased returns by adjusting rents to market rates. Situated on a 20,500 sqft lot with DH-2 zoning, the property allows for up to 35 units, offering immediate returns and significant future potential.