1859 Lincoln St, Hollywood, FL 33020

$1,450,000
3,869
SqFt

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List Price
$1,450,000
MLS
A12078278
Complex Name
Hollywood
Status
ACTIVE
Type
Multifamily
Living Area
3,869

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.

Additional Information

Days on Market
14
Style
Quadruplex, Fourplex
#Parking Spaces
8
Year Built
1969
Development Name
Hollywood
#Stories
2
Construction Type
CBS Construction
Section
15

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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: