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5706-5708 Lincoln St 2 Unit Apartment Building Offered at $906,152 CAD at a 6.95% Cap Rate Hollywood, FL 33021
Executive Summary
Investment opportunity centrally located in Northwest Hollywood Hills. This well-maintained duplex features two spacious units, each offering 2 bedrooms and 2 bathrooms. Both units are currently leased at $1,950 per month, generating a combined gross rental income of $3,900 per month. The leases expire December 31, providing stable immediate income with potential for future rental growth. The property offers ample parking and is conveniently located east of State Road 7/US-441 and north of Hollywood Boulevard, near Florida’s Turnpike, I-95, Hard Rock Casino, shopping and other local conveniences. An excellent opportunity for multifamily investors seeking to expand their South Florida portfolio with an income-producing duplex. Please do not disturb the tenants.
Property Facts
| Price | $906,152 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $453,076 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 2,264 SF |
| Cap Rate | 6.95% | Average Occupancy | 100% |
| Sale Condition | Lease Option | No. Stories | 1 |
| No. Units | 2 | Year Built | 1974 |
| Property Type | Multifamily | Parking Ratio | 1.77/1,000 SF |
| Zoning | RM-9 - residential | ||
| Price | $906,152 CAD |
| Price Per Unit | $453,076 CAD |
| Sale Type | Investment |
| Cap Rate | 6.95% |
| Sale Condition | Lease Option |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.17 AC |
| Building Size | 2,264 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1974 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | RM-9 - residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Yard
- Dining Room
- Family Room
- Lawn
- Porch
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | 1,132 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-41-13-02-0895 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $487,203 CAD |
Property Taxes
Parcel Number
51-41-13-02-0895
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$487,203 CAD
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5706-5708 Lincoln St
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