This gorgeously remodeled corner duplex located in the Heart of Hollywood with treelined streets has a history of steady income, previously as a vacation rental with Superhost status on Airbnb. Features two 2 bedrm, 1 bath units with plenty of parking for residents and guests in the front and on the side, even a place for a boat or motorcycle behind gates. Both units are currently rented at $2500 a month on an annual basis (front unit lease expires Feb 19, and the rear unit June 16). Rear units huge private enclosed backyard with a pergola invites leisurely relaxation, and artificial grass makes it easy to maintain. One of the bedrooms has a private entry, great as an office to invite clients. There is a shared laundry room with new full size washer and dryer. Central A/C in the front unit, minisplit ACs in all bedrooms. New tile flooring throughout. New stainless steel kitchen appliances.NO HOA. 2 separate electric meters. 1 water meter. HVAC is 2020, tankless units 2018 and 2020. Last roof permit was 5/18/18, useful life 15 to 20 years. This is a lucrative investment opportunity with high cap rate, or live free in one unit, rent the rest. Located near the famed Hard Rock Hotel & Casino, Hospitals, Fort Lauderdale Airport, Highways and the pristine Hollywood Beach with its famous Boardwalk. ***Do not disturb tenants****
Listed By
Agency Name: Lenson Realty
Agency Phone: 561-852-4900
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimated Payment
$ 4,425.73 per month $3,352.59 Principal & Interest $889.42 Property Tax $183.72 Homeowner's Insurance
5647 Lincoln St #1-2 | MLS# A11942028
This multi-family property located at 5647 Lincoln St #1-2, Hollywood, FL 33021 is currently listed for sale with an asking price of $629,900. Search Hollywood real estate on www.adamscameroncommercial.com today.