2220 Wilson St, Hollywood, FL 33020

Exceptional investment opportunity in Hollywood’s desirable Hollywood Park neighborhood!

This multi-family property at 2220 Wilson St, built in 1951, offers a total of 1,303 sqft of living space and is comprised of a 2-bedroom, 2-bathroom unit and a second unit on a 6,715 sqft lot, providing immense income potential. Priced at $375,000, this property is a standout in a market where the median sold price for multi-family homes in the 33020 zip code is significantly higher. With an estimated refinance payment of $1,014/month (though some data shows a higher estimated payment of $2,884/month), the property’s last recorded sale was for just $160,000 in 2014, and its current estimated value on Redfin is $479,983, suggesting a savvy investor could gain significant, immediate equity. While Hollywood is currently a buyer’s market, multi-family properties remain a highly sought-after asset class due to sustained rental demand and strong growth fundamentals, making this a strategic acquisition for any investor looking to capitalize on Hollywood’s dynamic real estate landscape.