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Property profile & analytics
OFF-MARKET
Apartment buildings

2627 Lincoln St Hollywood, FL 33020

Built 1957
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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