Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 5,996 ft2/557.05 m2
- Price Per: $375.25 ft2/$4,039.16 m2
- Type: Multifamily
- Built: 1931
- HOA: No info
- MLS Number: A11564986
- View No info
- On Site: 24 days
- Updated: 24 Days Ago
- Page Views: 0
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.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Bbq / Picnic Area
- Beach Rights
- Bike Storage
- Boat Dock
- Business Center
- Cabana
- Clubhouse / Clubroom
- Common Laundry
- Community Room
- Elevators
- Exercise Room
- Extra Storage
- Fitness Center
- Laundry
- Library
- Lobby
- Manager On Site
- Picnic Area
- Playground
- Pool
- Private Membership
- Recreation Facilities
- Sauna
- Sidewalk
- Spa Hot Tub
- Storage
- Street Lights
- Tennis Court
- Trails
- Trash Chute
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
04/07/2024 | Listed | $2,250,000.00 | $375.25 ft2/$4,039.16 m2 |
Features
Property Details for 1856 Lincoln St, Hollywood, FL 33020
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Other
- Cooling Description: No info
- Building and Construction
- Floor Description: Vinyl
- Windows/Treatment: No info
- Construction Type: Frame, Other, Stucco
- Year Built: 1931
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Hollywood
- Subdivision Name: HOLLYWOOD
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 04/07/2024
- Area: 3050
- Brokered By: Fausto Commercial Realty Consultants Inc
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $34,361.00 (2023)