For Sale
$670,000

5734-5736 Lincoln St Hollywood, FL 33021

Prime investment duplex, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a 1-story, 1969-built duplex located at 5734-5736 Lincoln St, Hollywood, FL 33021, in Broward County. The property sits on a 7,388 sq ft lot and offers two separate units. The rear unit (5734 Lincoln St) boasts 4 bedrooms and 2 bathrooms, currently rented for $3,640 per month to a Section 8 tenant (100% rent covered by the government as of October 2024, with a potential increase to $3,905 upon renewal in May 2025). The front unit (5736 Lincoln St), featuring 2 bedrooms and 1 bathroom, is currently rented for $2,068 per month (government pays $2,032, tenant pays $36) to a Section 8 tenant, vacating October 31st, 2024, with a potential rental increase to $2,299. The combined current rent is $5,708, with a potential rental income of $6,204. The property benefits from two separate electric meters and one water meter. This is a no-HOA property, offering significant advantages for investors. The property is priced at $670,000 and presents a strong cash flow potential. Assistance with property management can be arranged.

Property Details for 5734-5736 Lincoln St

Property type
Apartment buildings, Small apartment buildings
Year Built
1969
Stories
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.016554
Longitude
-80.203014
5734-5736 Lincoln St, Hollywood, Florida

FAQs

What type of property is this?
Apartment building - Prime investment duplex, high rental income.
Where is the apartment building located?
The property is located at 5734-5736 Lincoln St Hollywood, FL.
What is the asking price?
The asking price for this property is $670,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5734-5736 Lincoln St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message