1859 Lincoln St, Hollywood, FL 33020
- $1,450,000
- 3,869
- SqFt
- List Price
- $1,450,000
- Days on Market
- 0
- MLS#
- A12078278
- Year Built
- 1969
- Living Area
- 3,869
- Building Name
- Hollywood
Property 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.
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Additional Information
- Taxes
- $21,275
- Community Features
- Hollywood
- Property Description
- Quadruplex, Fourplex
- Zoning
- ND-2
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- CBS Construction
- Roof
- Tar & Gravel Roof
Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: