New Listing
1859 Lincoln St,Hollywood, FL 33020
Hollywood, FL 33020
Description
1859 Lincoln Street presents an opportunity to acquire a fully renovated and turnkey 4-unit multifamily property in Hollywood, Florida, consisting of four large 2-bedroom/2-bath units and approximately 3,869 SF of building area. The property currently generates $9,450 in monthly rental income, with each unit separately metered for electricity and a single water meter serving the property. Recent improvements include a brand-new roof, central A/C, impact windows and doors, PVC plumbing, new kitchen cabinets, and renovated bathrooms, providing a low-maintenance asset with limited near-term capital needs. The oversized units also offer a compelling value-add opportunity with the potential to convert the existing layouts to 3-bedroom/2-bath units and further increase rental income. Conveniently located near Downtown Hollywood, the beach, major roadways, shopping, dining, and employment centers.
Details
| MLS # | A12078278 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 4 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Elior Levi |
Features
| SQ Feet | 3,869 |
|---|---|
| Story(s) | 2 |
| Zoning | ND-2 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 21275 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | HOLLYWOOD |
| Listing VS Median (in HOLLYWOOD) | |
Price: $1,450,000 low | high Med: $2,650 sqft: 3,869 low | high Med: 1,822 $ / sqft: $375 low | high Med: $1 On site: 4 low | high Med: 66.5 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hollywood |
| Zip Code | 33020 |
| Area | 3050 |
| Subarea | Hollywood East (3010 3050) |
| Community Name | HOLLYWOOD |
| Listing VS Median (in HOLLYWOOD) | |
Price: $1,450,000 low | high Med: $2,650 sqft: 3,869 low | high Med: 1,822 $ / sqft: $375 low | high Med: $1 On site: 4 low | high Med: 66.5 | |
