Commercial Real Estate Property For Sale In Hollywood

1856 Lincoln St Hollywood, FL 33020
 Directions

$2,250,000

  • 1931 Year Built
  • Apr 07, 2024 Listing Date

MLS #

:

A11564975

Price

:

$2,250,000

Status

:

Listing Date

:

Apr 07, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1931

Taxes

:

$34,361 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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.

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