1859 Lincoln St, Hollywood FL 33020

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.

This quadruplex home located at 1859 Lincoln St, Hollywood FL 33020 is currently for sale and has been available on Brickellsold for 25 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 3869 square feet. It was built in 1969. 1859 Lincoln St, Hollywood FL 33020 is in Hollywood county Broward County.