Address1856 Lincoln St, Hollywood, FL, 33020-3586

Price$2,250,000

  • Residential Income
  • 5,996 SQ FT
  • Built in 1931

Introducing 1856 Lincoln St, a turnkey 12-unit multifamily gem just minutes away from Young Circle and downtown Hollywood, conveniently located off of US-1. Carefully renovated, this property offers a mix of eight 1-bed/1-bath units and four studio units, each boasting new vinyl flooring, modern kitchens, and stylish bathrooms. Recent upgrades include a resealed roof and freshly painted exterior, ensuring durability and curb appeal. While currently 70% occupied, the property is steadily filling up, poised to generate over $228,000 annually, promising remarkable returns for investors at almost a 8% proforma CAP! Don't miss this opportunity to own a meticulously maintained multifamily property in a prime location. Contact us today for further details and to schedule a viewing.

Essential Information

  • MLS® #A11564986
  • Price$2,250,000
  • Bathrooms0.00
  • Square Footage5,996
  • Acres0.00
  • Price/SqFt$375 USD
  • Year Built1931
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive

Community Information

  • Address1856 Lincoln St
  • Area3050
  • SubdivisionHOLLYWOOD
  • CityHollywood
  • CountyBroward County
  • StateFL
  • Zip Code33020-3586

Amenities

  • UtilitiesCable Available

Interior

  • InteriorVinyl
  • HeatingOther
  • CoolingWall/Window Unit(s)
  • # of Stories2
  • StoriesTwo

Exterior

  • RoofBuilt-Up
  • ConstructionFrame, Other, Stucco

Additional Information

  • Date ListedApril 7th, 2024
  • Days on Website82

Listing Details

Office

Fausto Commercial Realty Consultants Inc

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