A10912436 for Sale
1956 Lincoln St Hollywood, FL
A10912436 for Sale
1956 Lincoln St Hollywood, FL
Price $1,200,000.00
Address:
1956 Lincoln St Hollywood, FL
1956 Lincoln St Hollywood, FL
Construction year:
Taxes:
$23,722.00
$23,722.00
Sizes:
Architect:
Developer:
1956 Lincoln St Hollywood, FL
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.
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