Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,399,000
Annual Taxes:$21,275
Listing Courtesy of Fausto Commercial Realty Consultants Inc
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 ...
Description
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12078278
Amenities
- Cable - Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
