1956 Lincoln Street

Hollywood, FL 33020

$1,250,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by John DeMarco • RE/MAX 5 Star Realty

Property Details for 1956 Lincoln Street

Area
3050
Geographic Area
Hollywood East (3010-3050)
Auction
No
LISTING UPDATED: 08/19/2020 04:00 AM

Property Details for 1956 Lincoln Street

StatusActive
MLS #A10912436
Days on Market1586
Taxes$23,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1952
Lot Size0.23 AC / 9,839 SF
CountyBroward 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

Location Information
Location Information
  • Parcel Number Free Text: 514215013130
  • Parcel Number MLX: 3130
  • MLS Area: 3050
  • Township Range: 51
  • Section: 15
  • Subdivision Number: 1
  • Zoning Information: PS-1
General Information
General Information
  • Prop Type-Type of Building: Apartments, Commercial/Residential Income
  • Building Sq Ft: 3,937
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
Financial Information
Financial Information
  • Flood Zone: X

Property History for 1956 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 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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1956 Lincoln Street is a multi-family home for sale in Hollywood, FL 33020. This property was listed for sale on August 18, 2020 by RE/MAX 5 Star Realty, it's currently listed at $1,250,000. It has been on the market for a total of 1586 days and was last sold on December 16, 2022. This listing's school district is Broward. Nearby schools include Dania Elementary School, Olsen Middle School and South Broward High School. 1956 Lincoln Street is a 0-bed, 0-bath, multi-family home built in 1952.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 5 Star Realty

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.