1856 Lincoln St

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Address: 1856 Lincoln St, Hollywood, FL 33020, USA
Created date: February 4, 2025
Date last updated: February 4, 2025
  • $2,400,000 price, $200,000 per unit
  • 12 units: 8 one-bedrooms, 4 studios
  • Brand-new roof (November 2024), updated kitchens, bathrooms, and interiors
  • Strong rental demand in walkable, tenant-friendly area near Young Circle and I-95
  • Value-add potential with opportunity to increase rents and optimize operations
  • Compact two-story design maximizing income potential
  • Shared on-site laundry, individual A/C units in all units
  • Immediate cash flow with upside through stabilization and rent growth

Property Description

The Lincoln Park Apartments is a 12-unit multifamily property priced at $2,400,000, or $200,000 per unit. The two-story building spans 5,996 SF on a 5,458 SF lot. The unit mix consists of 8 one-bedroom units and 4 studio units. Recent improvements include a brand-new roof installed in November 2024, updated units with modern kitchens, stainless steel appliances, vinyl wood flooring, and renovated bathrooms. Shared on-site laundry facilities and individual A/C units are provided for tenant convenience. This property offers stable cash flow with additional upside through further operational or value-add improvements.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,400,000
No. of Units: 12
Year Built: 1931
Lot Size: 0.13 Sq ft
Opportunity Zone: No
Price per unit: $200,000
Property Website Click Here
Address: 1856 Lincoln St, Hollywood, FL 33020, USA
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