2739 Lincoln St Pending Save Request In-Person Tour Request Virtual Tour
Hollywood,FL 33020
Key Details
Property Type Single Family Home
Sub Type Single
Listing Status Pending
Purchase Type For Sale
Square Footage 2,318 sqft
Price per Sqft $226
Subdivision Hollywood Little Ranches
MLS Listing ID F10458509
Style No Pool/No Water
Bedrooms 5
Full Baths 3
Year Built 1947
Annual Tax Amount $7,970
Tax Year 2023
Lot Size 10,251 Sqft
Property Sub-Type Single
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.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning RM-18
Rooms
Other Rooms No Additional Rooms
Interior
Heating Central Heat
Cooling Ceiling Fans
Flooring Ceramic Floor
Equipment Electric Range,Refrigerator
Exterior
Exterior Feature None
Community Features Gated Community
Water Access N
View Garden View
Roof Type Composition Roll,Comp Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Foundation Cbs Construction
Sewer Septic Tank
Water Municipal Water
Others
Acceptable Financing Cash
Listing Terms Cash