1859 Lincoln St
Hollywood, FL 33020
$1,450,000
- Multi-family
- 3,869 SF building
- 5,200 SF lot
- $375/SF
Highlights
- 3,869 SF building on a 5,200 SF lot
- Built in 1969
- Asking $375/SF
Property facts
- Price
- $1,450,000
- Price per SF
- $375/SF
- Property type
- Multi-family
- Building size
- 3,869 SF
- Lot size
- 5,200 SF
- Year built
- 1969
About this property
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.
From the listing broker.
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