Address
1956 Lincoln St Hollywood, FL
Price
$ 1,499,000
Property Attributes
  • MLS#F10283129
  • TypeCommercial
  • CountyBROWARD
  • CityHollywood
  • AreaHollywood East
  • Neighborhood10 Apartments
  • Zip33020
  • StyleIncome Non-Waterfront
  • Year Built1952
  • Taxes$ 20383
  • Price$ 1,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,839 SqFt
Listing Provided Courtesy Of:
NextHome Realty Professionals
Data Source:
Fort Lauderdale
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.

Price History
5/13/2021 Listed $1,499,000

General Features

Approximate Lot Size 9839
Area 3050
Prop Type Typeof Building Apartments
Property Description 10 Unit Residential Apartments
Property Sq Ft 9839
Property Type Commercial/Industrial
Section 15
Styleof Property Income Non-Waterfront
Subdivision Complex Bldg 10 Apartments
Township Range 5142
Type of Property Income/Multi-Family
Year Built 1952
Year Built Description Resale
Zoning Information RMCRA-18

Interior Features

Internet Yn Yes
Num Floors 1
Stories 1.0000
Units 10

Exterior Features

Buidlings 1
Construction Type Cbs Construction
Lot Sq Footage 9839
Parking Description Common Parking
Roof Description Composition Roll

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33020

Price
AVG $1.38M
$1.5M
Taxes
AVG $16,358
$20,383
Year Built
AVG 1964
1952
Walkscore
AVG 77
75
Data Provided by Walkscore ® not using MLS data

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