1911-1915 SW 4th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33315- Croissant Park
$1,385,780 USD
954-234-7653
1911-1915 SW 4th Ave, Fort Lauderdale, FL for Sale
$1,385,780 USD
Apartments - FOR SALE
1/54
null | 5.16% Cap Rate

1911-1915 SW 4th Ave
Fort Lauderdale, FL 33315
Croissant Park


HIGHLIGHTS

  • Minutes To Downtown Fort Lauderdale
  • Minutes To Fort Lauderdale Beach
  • Current Rents Are Below Market

OVERVIEW

Prime Location!! Two Triplexes (6 Total Units) Located Next To Each Other In The Heart Of Fort Lauderdale, Just Minutes From Downtown, Las Olas, And World-Famous Fort Lauderdale Beach. Both Triplexes Must Be Sold Together. Asking Price Is Per Triplex. Each Building Is Approximately 2,000+ Sq. Ft. And Features Two 2-Bedroom/1-Bath Units And One Studio, For A Total Of Four 2-Bedroom/1-Bath Units And Two Studios. Roofs Are 14+/- Years Old, Central A/C'S Are Newer, Tenants Pay Electric. Current Rents Are Below Market, Estimated Gross Annual Income Of $115,200, With Potential Gross Of $130K+. Estimated Annual Expenses For Both Are Taxes Of $21,270, Insurance $14,000, Lawn $1440, Water/Trash $8400. Potential Income 70-90k+ This Is That Diamond In Rough You've been Looking For!

FOR SALE DETAILS

PRICE

$1,385,780 USD

PRICE/SF

$256 USD /SF

# OF UNITS

6

PRICE/UNIT

$230,963

CAP RATE

5.16%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

RD-15

APN/PARCEL ID

50-42-15-01-4970

ASK ABOUT THIS PROPERTY

Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

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Carlos MontoyaFidelity Real Estate GroupMore Info
954-234-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.