• 1,737Living Sq. feet
    • MLS®RX-10672242
    • StatusClosed
    • $ 550,000

    Featured

    Price
    $ 550,000
    Sq.Feet
    1,737
    Year build
    1971
    Type
    Multi Family
    Sub-type
    Quad Plex
    Status
    Closed

    ***RARE MULTI FAMILY OPPORTUNITY*** Current TENANTS PAYING $4,100 MONTHLY! ALWAYS RENTED!!! 4 PLEX IN HEART OF FT. LAUDERDALE'S THRIVING MARINE/YACHTING INDUSTRY, RIGHT OFF MARINA MILE RD.. ***NEVER A SHORTAGE OF TENANTS IN THIS AREA.*** NEAR BEACHES, EXPRESSWAY & DOWNTOWN. 2 UNITS ARE 1 BEDROOMS RENTED BELOW MARKET VALUE AT $1,150 EACH 2 UNTS ARE STUDIOS RENTED BELOW MARKET VALUE AT $900 EACH. $4,100 GROSS MONTHLY INCOME 4 PARKING SPACES. LOW OPERATING EXPENSES. ALWAYS RENTED, EASY TO MANAGE. REAL MONEY MAKER!! EASILY INCREASE CAP RATE AND CASH FLOW BY BRINGING RENTS UP TO MARKET VALUE. Please do not disturb current tenants. Virtual showings only until offer is accepted. Viewings to be done during inspection period. GREAT OPPORTUNITY FOR 1031 EXCHANGE!!

    Listing Courtesy of EXP Realty LLC

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