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1856 Lincoln St, Hollywood FL 33020

Commercial For Sale
$2,250,000

BTC: 38.01176506

ETH: 782.96818017

22 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
Other / On Street
Year Built:
1931
Lot:
5458 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Other

    • Vinyl

    Heating

    • Other

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Other

    • On Street

    Lot

    • Lot: 5458 Square Feet

    Other Property Information

    • Parcel Number: 514215018850

    • Zoning: ND-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $34,361

  • Source details

    • MLS ID: A11564975

    Other facts

    • Construction Materials: Frame With Stucco / Other

    • Water Source: Public

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc