$600,000
$650,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
5639-5641 Lincoln St Hollywood, FL 33021
2,500 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $240
Subdivision Hollywood Beach Gardens
MLS Listing ID A11701571
Sold Date 12/20/24
Construction Status Effective Year Built
HOA Y/N No
Year Built 1979
Annual Tax Amount $3,846
Tax Year 2024
Contingent No Contingencies
Property Description
This large Duplex with 3/2 on each side and Laundry Rooms is located close to Hard Rock, Hospitals, Highways, Houses of Worship and Beach. NO HOA. Great Investment Property with estimated cap rate of 8%. Vacant, so start 2025 with new tenants and potential Section 8 rental FMR of $3480 per unit. 2 Electric Meters, 1 Water Meter. Clean and ready for finishing touches. NEW ROOF in 2023. Newer Central AC in both units.
Location
State FL
County Broward
Community Hollywood Beach Gardens
Area 3070
Direction Just west of 56th Ave and South of Johnson St. Visible number on property from street is 5641. 5639 number is behind shrub.
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Other, Tile, Vinyl
Exterior
Exterior Feature Storm/Security Shutters
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description < 1/4 Acre
Story 1
Sewer Septic Tank
Level or Stories One
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 514113020131
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
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Bought with The Keyes Company