Riverside Park Add Amen P Fourplex For Sale
1175 Sw 16th Ave, Fort Lauderdale, FL 33312

$1,165,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11573474
  • Virtual Tour: YES
  • List Price: $1,165,000
  • Living Area: 1502 Ft² / 140 M²
  • Price Per Foot/Meter: $776 / $8,349
  • Taxes:$7,351
  • Year Built:1987
  • Listing Date:April 22, 2024
  • Days On Market:214

Description


Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!

Features


  • Floor:Other, Terrazzo
  • Exterior Feature:

Location


Price History


Please sign in to view this information
Request Information
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker