2739 Lincoln St
Hollywood, FL 33020
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Property Details
| MLS# | F10458509 |
| Status: | Active Listing |
| Square Footage | 2,318 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Year Built: | 1947 |
| Tax Amount: | $7,970 |
Property Description
Distressed Sale | Not an REO. VALUE ADD OPPORTUNITY. The subject originally functioned as a single-family home but was adapted into a triplex years ago. The unit breakdown is (2/2) (2/1) and one (1/1). The subject has a violation for non-conforming units and work done without a permit. This requires bringing the property into compliance (back to a single family). Currently priced at $227/SF, the property is $125 less expensive than neighborhood single-family homes. Market data suggests that an equivalent SFR in the area typically sells for between $650,000 and $775,000. The value-add opportunity can be broached by converting the property back to a single-family. This typically requires the removal of 2 stoves and the 220 V electric line as well as opening doors between the units.
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Listing Broker: Media Realty
Simlar Properties
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Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact one of our agents.
Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact one of our agents.