2627 Lincoln St Hollywood, FL 33020
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2627 Lincoln St
- Year built
- 1957
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This 1957-built, single-story triplex in Hollywood, Florida (33020), presents a compelling investment opportunity. Located at 2627 Lincoln St, in Broward County, this property offers a unique blend of convenience and income potential. The triplex is ideally situated minutes from the beach, downtown Hollywood, shopping centers, and diverse dining options, ensuring high tenant demand for both long-term and short-term rentals, including Airbnb. The property boasts updated features and benefits from a single water meter, resulting in average monthly water expenses of $120. A cost-effective septic system further reduces utility costs. Adding to its income-generating potential is a separate shed, currently functioning as an efficiency unit, providing a fourth income stream. The asking price is $975,000. This multifamily property represents a strong investment in a desirable location with proven rental income potential. The property's proximity to key amenities and its efficient utility setup make it an attractive option for both seasoned investors and those new to the market. Don't miss this chance to acquire a well-maintained, income-producing asset in a thriving Florida community.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1605
- Latitude
- 26.0175
