2739 Lincoln Street
Hollywood, FL 33020
2318 sqft | 5 beds | 3 baths | #FX-10458509
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.
Property Details
- Utility FeaturesCable Connected, Public Water, Septic
- RoofComposition, Comp Rolled
- SubdivisionH3 - Hollywood Station
- Property SubtypeSingle Family Detached
- CoolingCeiling Fan
- MLS #FX-10458509
- MLS #FX-10458509
- Lot Features< 1/4 Acre
- Lot Description< 1/4 Acre
- Property TypePurchase
- Original List Price$525,000
- HeatingCentral
- CountyBroward
- ViewGarden
- Taxes Annual$7,970
- Cost525000
- ZoningRM-18
- Square Feet2318
- Year Built1947
- Bedrooms5
- Bathrooms3
- Full Baths3
- Foreclosure1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Peter Dacko (#0600065)
Listing Office: Media Realty (#MEDR)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
