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 ...
Hollywood, FL 33020
Listing
| Web ID: | 5762141 |
|---|---|
| Website: | https://www.nestseekers.com/5762141 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$1,399,000
Annual Taxes:$21,275
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
Location
Contact
Listing Courtesy of Fausto Commercial Realty Consultants Inc