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    1956 Lincoln St

    Hollywood, FL 33020
    • $1,499,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: F10283129
    UPDATED: 32 min ago
    $1,499,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    Description

    Hot Hollywood - INVEST OR REDEVELOP! 10 Unit Residential Building on double corner lot. Property consists of 1-One bedroom, 8-Large Studios, 1-Efficiency with Kitchenette. Property is meticulously maintained and recent updates include: newer windows, steel raised panel doors, ceramic tile floors, newer appliances and AC's, updated kitchens and baths. Close to Hollywood Beach, downtown Hollywood, Cafes, Clubs, Mass Transit, and Major highways.Located in Hollywood's "Community Redevelopment Area", own this property to redevelop or collect rents at current cap rate of 5.1% or raise rents to current market at cap rate of 6.9% or higher. Excellent Opportunity! No showings until CONTRACT ACCEPTED so there is minimal disrupting tenants. Sale is AS IS with right to inspect. SELLING CASH ONLY.

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    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-06-18T11:18:37.743.
    www.palmbeachcountyhomesearch.com/homes/117182614
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    1956 Lincoln St Hollywood, FL 33020

    • Price: $1,499,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: F10283129
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1952
    Built
    Neighborhood:
    10 Apartments
    County:
    Broward
    Area:
    3050
    Property Description
    Hot Hollywood - INVEST OR REDEVELOP! 10 Unit Residential Building on double corner lot. Property consists of 1-One bedroom, 8-Large Studios, 1-Efficiency with Kitchenette. Property is meticulously maintained and recent updates include: newer windows, steel raised panel doors, ceramic tile floors, newer appliances and AC's, updated kitchens and baths. Close to Hollywood Beach, downtown Hollywood, Cafes, Clubs, Mass Transit, and Major highways.Located in Hollywood's "Community Redevelopment Area", own this property to redevelop or collect rents at current cap rate of 5.1% or raise rents to current market at cap rate of 6.9% or higher. Excellent Opportunity! No showings until CONTRACT ACCEPTED so there is minimal disrupting tenants. Sale is AS IS with right to inspect. SELLING CASH ONLY.
    Exterior Features

    Approximate Lot Size 9839 Construction Type Cbs Construction Parking Description Common Parking Roof Description Composition Roll Style Of Property Income Non-Waterfront Type Of Property Income/Multi-Family Waterfront Property YN No

    Property Features

    Building Name Number 10 Apartments Geographic Area Hollywood East (3010-3050) Possession Information Funding Property Sq Ft 9839 REO No Short Sale No Tax Amount 20383 Tax Year 2020 Terms Considered Cash Only Type Of Building Apartments Unit Count 0 Year Built Description Resale Zoning Information Rmcra-18

    Listing provided courtesy of Nexthome Realty Professionals. Listing information © 2021 BeachesMLS


    All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2021 BeachesMLS, Inc.
    IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2021-06-18T11:18:37.743.
     
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