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.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Tar/gravel
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33020
- Street:
- 1859 Lincoln St, Hollywood, Florida 33020
- Longitude:
- W81° 51' 20.4''
- Latitude:
- N26° 1' 5.1''
- Building Area:
- 3,869 Sqft
- Construction Materials:
- Block
- Flooring:
- Tile, Concrete
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 514215020011
- Subdivision Name:
- HOLLYWOOD
- Tax Annual Amount:
- $21,275
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1859 Lincoln St, Hollywood, Florida 33020, Hollywood, Florida 33020
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,450,000
- Square Footage :
- 3,869 Sqft
- Year Built :
- 1969
- MLS # :
- A12078278
