Hollywood, FL, 33020
$1,450,000
Est. $7,332/mo (20% down)
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.
MLS #
A12078278
Status
Active
Property Type
Residential Income
Sub Type
Quadruplex
Year Built
1969
Stories
2
Pool
No
Waterfront
No
Price / Sq Ft
$375
HOA Fee
None
Est. Insurance
$483/mo
Tax Year
2025
Tax Amount
$21,275
Garage
—
Lot Size
—
MLS Area
Hollywood
Subdivision
HOLLYWOOD
Estimates based on area averages. Actual returns may vary. Consult a financial advisor.
