Mixed-Use Building – 5 Units in Fort Lauderdale, FL – Fully Occupied with Income Potential

Category: Mixed-Use

Price:$549,900

Location: Fort Lauderdale, FL

Year Built: 1982

Days on Market: 33

Description:

This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.

This is an amazing opportunity to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building

Listing Code: 1069713740