$1,165,000
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1175 SW 16th Ave Fort Lauderdale, FL 33312
Fourplex
Residence
Beds
Baths
...
Bed/Bath
1,502
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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!!
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MLS#
A11573474
Property Type
Fourplex
Year Built
1987
Square Feet
1,502
sq. ft
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