Residential Income

5647 Lincoln St #1-2

Hollywood, FL 33021

ML#:A11942028

List Price:$629,900

Status:Closed

Days on Market:66

Listing Brkr:Lenson Realty

Subdivision:HOLLYWOOD BEACH GARDENS

Bedrooms:0

Baths:0

SqFt (Liv):1,621

Lot Size:0 sqft

Year Built:1973

Stories:1

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 unit's 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 AC's 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****