Address
1856 Lincoln St, Hollywood, FL
Price
$ 2,250,000
Property Attributes
- MLS#A11564986
- TypeIncome
- CountyBROWARD
- CityHollywood
- Area3050
- NeighborhoodHOLLYWOOD
- Zip33020
- StyleFourplex
- Year Built1931
- Taxes$ 34361
- Price$ 2,250,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage5996
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
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 50% 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.
| Price History | |
|---|---|
| 4/8/2024 | Listed $2,250,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Other |
| Cooling | WallWindowUnits |
| Utilities | CableAvailable |
| Possession | ClosingFunding |
| Roof | BuiltUp |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Frame,Other,Stucco |
| Year Built | 1931 |
| Stories | 2 |
| Levels | Two |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| County | Broward County |
| New Construction | No |
| Property Type | ResidentialIncome |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | HOLLYWOOD |
| Garage Y/N | No |
| Rent Includes | Gardener,HotWater,Other,Sewer,TrashCollection,Water |
| Status | Active |
| City | Hollywood |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | ND-2 |
| MLS Area | 3050 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Lincoln St |
| Listing Terms | Cash,Conventional,Other |
| Property Attached Y/N | No |
| Year Built Details | Resale |
| Land Lease Y/N | No |
| Tax Annual Amount | 34361.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | Hollywood East (3010-3050) |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11564986 |
| Days on Market | 3 |
| Standard Status | Active |
| Occupancy Description | Tenant |
| Property Sub Type Additional | Quadruplex |
| MobileHomeRemainsYN | No |
| PostalCity | Hollywood |
| Legal Description | HOLLYWOOD 1-21 B LOT 30 BLK 47 |
Interior Features
| Flooring | Vinyl |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
Exterior Features
| Lot Features | Item14Acre |
|---|---|
| Water Source | Public |
| Total Parking | 5.0 |
| Spa | No |
| Building Area Total | 5996.0 |
| Lot Size Units | SquareFeet |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33020
Price
Taxes
Visits
Year Built
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Data Last Updated: May 21, 2024 2:51 PM UTC
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