Rare opportunity to own an income-producing triplex with future redevelopment potential. This property features one 2-bedroom, 2-bath unit on the first floor and two 1-bedroom, 1-bath units on the second floor. The two 1-bedroom units are leased annually and the 2-bedroom unit is on a month-to-month lease, providing flexibility for… Read More an owner-occupant. Renovated in 2023 and offered furnished, the property features porcelain flooring, a marble staircase and entrance, updated kitchen appliances, newer HVAC systems and window units (2024-2025), three water heaters installed in 2025, impact windows throughout except the front windows, keyless entry, security cameras, three separate electric meters, no popcorn ceilings, and parking. The roof was fully replaced in May 2026. Located just minutes from the beach, shopping, dining, and major expressways, this property offers more than just current income. Zoned PS-2 (Parkside Medium Intensity Multi-Family District), the property allows short-term rentals (Airbnb) creating additional income opportunities. The unique lot configuration, unlike neighboring properties, potentially allows for the construction of up to 9 units as the building is positioned toward the rear of the lot (Buyer to verify all redevelopment and zoning possibilities with the city). This triplex offers exceptional value in a growing area with opportunities to have immediate cash flow, short-term rentals or future development potential. Read Less
Courtesy of Redfin Corporation 617-458-2883
Listing Snapshot
Days Online
146
Last Updated
Property Type
Triplex
Square Ft.
1,798
Year Built
1954
MLS Number
A12029788
Additional Details
Building
Built in 1954, Living area: 1798.0, 2 stories, Construction Materials: Brick
Community
3 units in community
Cooling
Central Air, Electric, Wall/Window Unit(s)
Exterior Features
Lighting
Fence
Fenced
Heating
Separate Meters, Central, Electric
Income
Gross Income: $5,375
Lot
Interior Lot
Property
Updated/Remodeled, Resale
Roof
Flat
Sewer
Public Sewer
Taxes
Parcel Number: 514215016420, Annual Amount: $17,189, Legal Description: HOLLYWOOD 1-21 B LOT 26 BLK 32, Year: 2025, Zoning: PS-2
Utilities
Cable Available
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