
$1,450,000
Apartment for Sale, 1859 Lincoln St, Hollywood, Florida 33020
- MLS#A12078278
359 m² (3,869 ft²)
Listed By Fausto Commercial Realty Consultants Inc
The Apartment for Sale located at 1859 Lincoln St, Hollywood, Florida 33020 is currently for sale.
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.
Location
1859 Lincoln St, Hollywood, Florida 33020
Property features
Property
- Property size:
359 m² (3,869 ft²)
Construction
- Year built: 1969
- Roofing: Tar And Gravel
- Construction: Cbs Construction
Interior Features
- Floors: TileConcrete
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: Public SewerMunicipal Water