5706 Lincoln St

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5706 Lincoln St

Hollywood, FL 33021
Asking Price
$599K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset available for sale in Hollywood, Florida.
  • Property consists of two distinct residential rental units.
  • The total asking price for the building is $599,000.
  • Located in a well-established submarket within Broward County.
  • Well-positioned for investors seeking stable multi-family rental income.
  • Convenient access to regional transit routes and local amenities.

What's Special

Priced at $599,000, this multifamily apartment building located at 5706 Lincoln St offers a two-unit configuration in Hollywood, Florida. The property is situated within a established residential area of the city, which maintains steady demand for rental housing due to its central position between Miami and Fort Lauderdale. Residents here benefit from easy access to major transportation arteries and proximity to the diverse employment centers throughout the South Florida region. This asset type serves as a stable addition to a real estate portfolio, particularly for investors focused on small-scale residential holdings. The structure provides clear utility for long-term rental income strategies given the continuous population growth in Broward County. Its compact size and layout cater to tenants seeking suburban living within a coastal metro market, making it a practical choice for those managing localized multi-unit investments.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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