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Turnkey 12- Unit Multifamily in Hollywood

1856, Lincoln Street, Hollywood, Broward County, Florida, 33020, United States
  • Multi-family
  • Property Type
  • 12
  • Units
  • 5,996
  • ft²
  • 5,458
  • Lot ft²
For Sale
Turnkey 12- Unit Multifamily in Hollywood
1856, Lincoln Street, Hollywood, Broward County, Florida, 33020, United States

Details

Updated on July 10, 2024 at 7:41 pm
  • Price: $2,250,000
  • Property Size: 5,996 ft²
  • Land Area: 5,458 ft²
  • Units: 12
  • Property Type: Multi-family
  • Property Status: For Sale

Description

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.

Property Documents

1856 LINCOLN ST-ELEVI-FLYER
  • Address 1856, Lincoln Street, Hollywood, Broward County, Florida, 33020, United States
  • State/county Broward County
  • Zip/Postal Code 33020
  • Country United States

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