1859 Lincoln Street, Hollywood, FL 33020
- $1,399,000
- 3,869
- SqFt
- List Price
- $1,399,000
- Price Change
- ▼ $51,000 1790112055
- MLS#
- A12078278
- Sq. Ft
- 3,869
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Hollywood
- Region
- 3050
- Year Built
- 1969
Property 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.
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Additional Information
- Heating
- Central, Separate Meters
- Cooling
- Central Air
- Roof
- Tar/Gravel
- Sewer
- Public Sewer
- Water
- Public
- Parking Spaces
- 8
- Flooring
- Concrete, Tile
- Construction
- Block
- Living Area
- 3,869
- Elementary School
- Dania
- Middle School
- Olsen
- High School
- South Broward
Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact: