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2247 Simms Street is a 7-unit multifamily property located in the heart of Hollywood, Florida, consisting of seven 1-bedroom/1-bath units within a 3,164 SF building. The property is currently generating approximately $80,718 in NOI, representing a 6.23% cap rate at the asking price, with additional upside through future rent growth. The asset features impact windows, central A/C throughout, stainless steel appliances, and a 2016 roof, minimizing near-term capital expenditures. Ideally situated just 5 minutes from Downtown Hollywood, 10 minutes from Hollywood Beach, and 8 minutes from Fort Lauderdale-Hollywood International Airport, with convenient access to Interstate 95, the property benefits from strong tenant demand and proximity to major employment, dining, retail, and entertainment destinations, making it an attractive investment opportunity in one of South Florida's most active rental markets.

A12033892 MLS ⋅ 33020 Zip Code ⋅ Liberia BLDG.

2247 Simms Street is a 7-unit multifamily property located in the heart of Hollywood, Florida, consisting of seven 1-bedroom/1-bath units within a 3,164 SF building. The property is currently generating approximately $80,718 in NOI, representing a 6.23% cap rate at the asking price, with additional upside through future rent growth. The asset features impact windows, central A/C throughout, stainless steel appliances, and a 2016 roof, minimizing near-term capital expenditures. Ideally situated just 5 minutes from Downtown Hollywood, 10 minutes from Hollywood Beach, and 8 minutes from Fort Lauderdale-Hollywood International Airport, with convenient access to Interstate 95, the property benefits from strong tenant demand and proximity to major employment, dining, retail, and entertainment destinations, making it an attractive investment opportunity in one of South Florida's most active rental markets.

2247 Simms St, Hollywood

Investor's Dream! Prime location meets incredible value. 2-bedroom units! This non-conforming multi-family gem is the perfect addition to your portfolio. Here are the highlights: All four units are already rented, ensuring immediate returns on your investment. Washer/dryer units are installed in each apartment, central AC, and new finished throughout. This property is a completely turnkey investment opportunity!

A12022212 MLS ⋅ 33020 Zip Code ⋅ Liberia BLDG.

Investor's Dream! Prime location meets incredible value. 2-bedroom units! This non-conforming multi-family gem is the perfect addition to your portfolio. Here are the highlights: All four units are already rented, ensuring immediate returns on your investment. Washer/dryer units are installed in each apartment, central AC, and new finished throughout. This property is a completely turnkey investment opportunity!

2240 Simms St, Hollywood