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2739 Lincoln St, Hollywood, FL – $525,000

  • $525k Price
  • 5 Beds
  • 3 Baths
  • 2,318 Sqft
  • $525k Price
  • 5 Beds
  • 3 Baths
  • 2,318 Sqft

2739 Lincoln St

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.

Essential Information

  • MLS® #F10458509
  • Price$525,000
  • Bedrooms5
  • Bathrooms3.00
  • Full Baths3
  • Square Footage2,318
  • Year Built1947
  • TypeResidential
  • Sub-TypeSingle
  • StyleOne Story
  • StatusActive-Available

Community Information

  • Address2739 Lincoln St
  • Area3050
  • SubdivisionHollywood Little Ranches
  • CityHollywood
  • CountyBroward County
  • StateFL
  • Zip Code33020-3831

Amenities

  • ParkingDriveway
  • ViewGarden View

Interior

  • Interior FeaturesFirst Floor Entry
  • AppliancesElectric Range, Refrigerator
  • HeatingCentral Heat
  • CoolingCeiling Fans

Exterior

  • Exterior FeaturesNone
  • Lot DescriptionLess Than 1/4 Acre Lot
  • ConstructionCbs Construction

Roof

Composition Roll, Comp Shingle Roof

Additional Information

  • Listing Courtesy ofMedia Realty
  • ZoningRM-18
  • RE / Bank OwnedYes
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