2456 Lincoln St, Hollywood, FL 33020
Priced at Only: $1,680,000
Would you like to sell your home before you purchase this one?
- MLS#: F10443454 ( Commercial/Industrial )
- Street Address: 2456 Lincoln St
- Viewed: 2
- Price: $1,680,000
- Price sqft: $320
- Waterfront: No
- Year Built: 1958
- Bldg sqft: 5247
- Days On Market: 229
- Additional Information
- County: BROWARD
- City: Hollywood
- Zipcode: 33020
- Provided by: 1 on 1 Real Estate LLC
- Contact: Jaime Flasterstein
- (954) 200-6200
- DMCA Notice
Description
Incredible investment opportunity in Hollywood! This multifamily treasure accommodates 10 tenants across 3 buildings on a spacious 20,522 SqFt lot. Conveniently situated near I 95 and just minutes from the ocean, it offers both accessibility and allure. Featuring (10 non conforming units): three 2/1 units, three 1/1 units, and 4 studios. Although it provides a solid 6.24% return, updating rents to current market rates can further elevate returns.
The future redevelopment potential (zoned as RM 18) provides an additional amazing opportunity. Don't miss out on this prime location amidst a city approving higher density projects in the area!
Seller Financing available!!!
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Construction Type: Concrete Block Construction, Cbs Construction
- Floor Description: Tile Floors
- Num Stories: 1.0000
- Roof Description: Comp Shingle Roof
- Typeof Building: Commercial, Free Standing
- Year Built Description: Resale
Property Information
- Transaction Type Mlx: Sale
- Typeof Property: Income/Multi-Family
Land Information
- Lot Sq Footage: 20522
- Total Acreage: 0.4711
Garage and Parking
- Parking Description: Common Parking
Eco-Communities
- Water Description: Other
Utilities
- Fire Protection: Other Fire Protection, Smoke Detector
- Num Tenants: 10
- Num Toilets: 10
- Sewer Description: Septic Tank
Finance and Tax Information
- Dade Assessed Amt Soh Value: 859100
- Dade Market Amt Assessed Amt: 859100
- Expense Amount: 39070
- Net Operating Income: 109610
- Other Income Expense: 2880
- Sourceof Expenses: Owner Provided
- Tax Year: 2023
Other Features
- Board Identifier: BeachesMLS
- Geographic Area: Hollywood East (3010-3050)
- Information Available: Contracts, Drawings, Copy Of Lease(S), Rent Rolls, Site Plans
- Legal Description: HOLLYWOOD LITTLE RANCHES 1-26 B LOT 23 BLK 14
- Locationof Property: City Location, In Residential Area
- Occupancy Percentage: 100.0000
- Parcel Number Mlx: 5450
- Parcel Number: 514216015450
- Possession Information: Funding
- Postal Code + 4: 3997
- Sale Includes: Building & Land
- Section: 16
- Zoning Information: RM-18
Owner Information
- Owners Name: 2456 LINCOLN LLC
Contact Info
- John DeSalvio, REALTOR ®
- Office: 954.470.0212
- Mobile: 954.470.0212
- jdrealestatefl@gmail.com
Property Location and Similar Properties
Nearby Subdivisions
Broward Manor Of Hollywoo
Colonial Square
Hollywood 1-21 B
Hollywood Country Club Distric
Hollywood Little Ranches
Hollywood Park
Hollywood Park 4-19 B
Hollywood Place 7-6 B
Hollywood South Side Add
Hollywood Terrace 3-12 B
Look Homesites 2 38-2 B
Na
North Hollywood 4-1 B
St James Court 5-26 B
St James Park West Add
Thompson Sub Resub Lts 2
