Multifamily Property – 12 Units in Fort Lauderdale, FL – Fully Rented with Development Potential
Commercial Sale
Category: Multifamily
Price:$1,850,000
Location: Fort Lauderdale, FL
Year Built: 1959
Days on Market: 98
Description:
FULLY RENTED Spectacular multifamily 12 units in FORT LAUDERDALE, updated in August 2024. 10 MIN AWAY FROM LAS OLAS BLVD. Updated with city permits. New roof, impact windows, new kitchens, new bathrooms, new landscape, new irrigation system, new fence, electric, plumbing, new wall Ac's, new SS appliances, built in closets laundry 2 commercial washers and 2 commercial dryers on site for extra income, Land approved for for future 5 story project development. 6 one bedrooms with full kitchens RENTED FOR $1650 and 6 studios with kitchenets (SMALL FRIGE AND MICROWAVE) RENTED FOR $1200 . 6 electric meters. Long term tenants with lease agreements. 40 year inspection approved. 6.4% CAPRATE. See attachments with financials. CALL LISTING AGENT FOR MORE INFORMATION See attachments
CALL LISTING AGENT FOR MORE INORMATION AND SHOWING INSTRUCTIONS SEE ATTACHMENTS
Listing Code: 1107084508