For Sale
2456 Lincoln St, Hollywood, Florida 33020
$1,680,000
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!!!
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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: F10443454
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Price: $1,680,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1958
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Status: Active
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Original Property Type: Commercial Sale
Features
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Roof Deck : Shingle, Composition
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Flooring : Tile
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Parking : Common
Location
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Country US
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State FL
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County Broward
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City Hollywood
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Zipcode 33020
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Neighborhood: Hollywood
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Street: Lincoln St
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Street Number: 2456
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Floor Number: 0
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Longitude: W81° 50' 34.7''
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Latitude: N26° 1' 1.3''
Additional Info
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Stories: 1
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UnBranded Virtual Tour: https://www.propertypanorama.com/2456-Lincoln-St-Hollywood-FL-33020/unbranded
