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1856 Lincoln St Hollywood, FL $ 2,250,000
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$ 2,250,000 Get more info
1856 Lincoln St
$ 2,250,000
Back to search
Share Save

1856 Lincoln St

Hollywood, FL, 33020
$ 2,250,000
Baths0.0 Sq 5,996

Monthly Estimate*

$ 14,954

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View a Virtual Tour
Studio

Commercial Property for sale in Hollywood, FL

for $2,250,000. This 5,996 square foot building was built in 1931 on a lot size of 0.125298.

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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Commercial Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,361

Style

MultiFamily

Lot Size

0.125298

Year Built

1931

Town/City

Hollywood

County/Region

Broward

MLS | Web ID

A11564975
Features
General
Sewer PublicSewer
Heating Other
Cooling WallWindowUnits
Possession ClosingFunding
Roof BuiltUp
Construction Materials Frame Other Stucco
Year Built 1931
Tenant Pays Electricity Other
Stories 2
Levels Two
Property SubType MultiFamily
County Broward County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Hollywood
View Y/N N
Senior Community Y/N N
Zoning Description ND-2
NumberOfUnitsTotal 5
MLS Area 3050
Lot Size Units SquareFeet
Lot Size Square Feet 5458.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lincoln St
Listing Terms Cash Conventional Other
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 34361.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11564975
Days on Market 0
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description HOLLYWOOD 1-21 B LOT 30 BLK 47
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Interior
Flooring Other Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Other OnStreet
Water Source Public
Lot Size Area 5458.0
Number of Buildings 1
Spa N
Building Area Total 5996.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1856
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

elevi@faustocommercial.com

Email

Affordability Calculator

$17,818
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,954
Monthly Property Taxes
$2,863
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/8/2024$2,250,000 Listed Price

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1856 Lincoln St, Hollywood, FL, 33020 is a Commercial Property for sale at $2,250,000 with 5,996 sqft and a lot size of 0.125298. 1856 Lincoln St is a studio with 0.0 baths and was built in 1931. The property's zip code is 33020 which is in Hollywood, FL

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