1856 Lincoln Street

Hollywood, FL 33020

$2,250,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing 1856 Lincoln St, a turnkey 12-unit multifamily gem just minutes away from Young Circle and downtown Hollywood, conveniently located off of US-1. Carefully renovated, this property offers a mix of eight 1-bed/1-bath units and four studio units, each boasting new vinyl flooring, modern kitchens, and stylish bathrooms. Recent upgrades include a resealed roof and freshly painted exterior, ensuring durability and curb appeal. While currently 50% occupied, the property is steadily filling up,...Introducing 1856 Lincoln St, a turnkey 12-unit multifamily gem just minutes away from Young Circle and downtown Hollywood, conveniently located off of US-1. Carefully renovated, this property offers a mix of eight 1-bed/1-bath units and four studio units, each boasting new vinyl flooring, modern kitchens, and stylish bathrooms. Recent upgrades include a resealed roof and freshly painted exterior, ensuring durability and curb appeal. While currently 50% occupied, the property is steadily filling up, poised to generate over $228,000 annually, promising remarkable returns for investors at almost a 8% proforma CAP! Don't miss this opportunity to own a meticulously maintained multifamily property in a prime location. Contact us today for further details and to schedule a viewing.
  1. Listed by Elior Levi • Fausto Commercial Realty Consultants Inc

Property Details for 1856 Lincoln Street

Area
3050
Auction
No
Num Stories
2
Year Built Description
Resale

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute
LISTING UPDATED: 04/08/2024 05:00 AM

Property Details for 1856 Lincoln Street

StatusActive
MLS #A11564975
Days on Market27
Taxes$34,361 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1931
Lot Size0.13 AC / 5,458 SF
CountyBroward County

Location

Listing Courtesy of Fausto Commercial Realty Consultants Inc
Add your commute

Building Information for 1856 Lincoln Street

Stories-Residences-Year Built1931Building Size-Lot Size0.13 AC / 5,458 SF

Payment Calculator

$15,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

$2,863

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1856 Lincoln Street

Location Information
Location Information
  • Parcel Number Free Text: 514215018850
  • Parcel Number MLX: 8850
  • MLS Area: 3050
  • Township Range: 51
  • Section: 15
  • Subdivision Number: 1
  • Unit Count: 0
  • Zoning Information: ND-2
General Information
Parking
  • Parking Description: Additional Spaces Available, Other Parking, Street Parking
General Information
  • Prop Type-Type of Building: Apartments
  • Building Sq Ft: 5,996
  • Approximate Lot Size: 5458
  • Property Sq Ft: 5458
  • Num Buildings: 1
  • Construction: Frame With Stucco, Other Construction
  • Construction Type: Frame With Stucco, Other Construction
  • Roof Description: Built-Up Roof
  • Flooring: Other Floors, Vinyl Floors
  • Floor Description: Other Floors, Vinyl Floors
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Public Water
  • Sewer Description: Public Sanitation
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 5
  • Tenant Pays: Interior Electric, Other Tenant Pays
Financial Information
Financial Information
  • Flood Zone: X
  • Information Available: Aerial Photo(S), Investment Analysis, Rent Rolls
Rental Information
Rent Information
  • Deposit Information: First Month Rent, Last Month Rent, Security Deposit

Property History for 1856 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1856 Lincoln Street

Taxable ValueLand$49,120Additions$1,473,490Total$1,522,610
Tax Record2023$35,793 ($2,983 / month)
Home Facts
Total Finished SqFt5,996 SqFtAbove Grade Finished SqFt5,996 SqFtStories2Lot Size5,458 SqFtStyleMulti-Family Dwelling (2-4)Year Built1931Year Renovated1932ZoningND-2CountyBROWARDAPN51-42-15-01-8850

Schools near 1856 Lincoln Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Dania Elementary School
PublicPK to 5

Olsen Middle School
Public6 to 8

South Broward High School
Public9 to 12

Beachside Montessori Village
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1856 Lincoln Street is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on April 7, 2024 by Fausto Commercial Realty Consultants Inc, it's currently listed at $2,250,000. It has been on the market for a total of 27 days and was last sold on April 29, 2022. This listing's school district is Broward. Nearby schools include Dania Elementary School, Olsen Middle School and South Broward High School. 1856 Lincoln Street is a 0-bed, 0-bath, multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fausto Commercial Realty Consultants Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.