For Sale
$975,000

2627 Lincoln St Hollywood, FL 33020

Prime Location, Income-Producing Triplex

Overview

Added:
Dec 11, 2024
Days on market:
136
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.

Highlights

  • $975,000 asking price.
  • Hollywood, FL triplex apartment building.
  • 1957 construction, one story.
  • Prime location near beach, downtown, shopping, and dining.
  • Features a separate income-producing efficiency unit (shed).
  • Single water meter with average monthly cost of $120; septic system.

Property Details for 2627 Lincoln St

Property type
Apartment buildings, Small apartment buildings
Year Built
1957
Stories
1

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
26.0175004
Longitude
-80.1604913

FAQs

What type of property is this?
Apartment building - Prime Location, Income-Producing Triplex
Where is the apartment building located?
The property is located at 2627 Lincoln St Hollywood, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 asking price.; Hollywood, FL triplex apartment building.; 1957 construction, one story.
How can I contact the broker?
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2627 Lincoln St
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