$525,000
For Sale

2739 Lincoln Street

Hollywood, FL 33020
2318 sqft | 5 beds | 3 baths | #FX-10458509
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

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

Colin GageEXP Realty, LLC
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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