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For Sale234 Days
$2,250,000

1856 Lincoln St
Hollywood, FL 33020

Income For Sale
5,996 Sq. Ft.
Fausto Commercial Realty Consultants Inc

Description for 1856 Lincoln St, Hollywood, FL 33020

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.

Property Details

Listing Details
For Sale
Income
Fourplex
For Sale
A11564986
$2,250,000
04/07/2024
5,996 Sqft
1931
3
Fourplex
5,996 Sqft
5
3574869
Location Information
US
FL
Broward County
Hollywood
33020
1058718
Lincoln St
1856
3586
HOLLYWOOD
W81° 51' 20.5''
N26° 1' 4.5''
1856 Lincoln St
3050
Yes
Garage/Parking
No
No
Interior Features
Vinyl
Exterior Features
Built-up
Stucco,Frame,Other
WaterFront and WaterAccess
No
Land Info
< 1/4 Acre
514215018850
Utilities
Other
Wall/window Unit(s)
Public Sewer
HOA Info
2
Rental Info
Sewer,Water,Hot Water,Trash Collection,Gardener,Other
Tax Info
HOLLYWOOD 1-21 B LOT 30 BLK 47
$34,361
2023
Listing Information
Fausto Commercial Realty Consultants Inc
Elior Levi
163
FAUS01
Sefmiami
$2,250,000
No
Cable Available
Public

Price History

Source: MLS
DateEventPriceSource
2024-04-07For Sale$2,250,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Courtesy of Fausto Commercial Realty Consultants Inc
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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.