1956 Lincoln Street
$1,250,000
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Description
The subject property consists of 1-1 Bedroom 1 Bathroom, 8 large studios and 1 efficiency. The total building size is 3,588 sf, well situated on a large 10,000 sf lot. All apartments are leased and in overall excellent condition. Most of the units have been recently renovated and include new kitchens and bathrooms, ceramic flooring, new appliances, impact windows, newer water heaters and new HVAC. The apartments are leased between $645 $975 per month, grossing $101,400 per year. After all expenses,...The subject property consists of 1-1 Bedroom 1 Bathroom, 8 large studios and 1 efficiency. The total building size is 3,588 sf, well situated on a large 10,000 sf lot. All apartments are leased and in overall excellent condition. Most of the units have been recently renovated and include new kitchens and bathrooms, ceramic flooring, new appliances, impact windows, newer water heaters and new HVAC. The apartments are leased between $645 $975 per month, grossing $101,400 per year. After all expenses, this property is netting $62,800 per year providing an investor with an 5.00% actual capitalization rate. Seller financing available with 30% down at 6% annual interest at a 5-year balloon, subject to buyers' qualifications. All showings are by appointment only.
- Listed by John DeMarco • RE/MAX 5 Star Realty
Property Details for 1956 Lincoln Street
Area
3050
Geographic AreaHollywood East (3010-3050)
AuctionNo
LISTING UPDATED: 08/19/2020 04:00 AM
Property Details for 1956 Lincoln Street
Status | Active |
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MLS # | A10912436 |
Days on Market | 1555 |
Taxes | $23,722 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1952 |
Lot Size | 0.23 AC / 9,839 SF |
County | Broward County |
Building Information for 1956 Lincoln Street
Stories-Residences-Year Built1952Building Size-Lot Size0.23 AC / 9,839 SF
Property Information for 1956 Lincoln Street
Property History for 1956 Lincoln Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1956 Lincoln Street
Taxable ValueLand$88,550Additions$1,274,080Total$1,362,630
Tax Record2023$32,159 ($2,680 / month)
Home Facts
Total Finished SqFt3,937 SqFtAbove Grade Finished SqFt3,937 SqFtStories1Lot Size9,839 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952Year Renovated1975ZoningND-2CountyBROWARDAPN51-42-15-01-3130
Schools near 1956 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.
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