FOURPLEX DEAL! 5XXX ne 20th ter, Fort Lauderdale, FL 33308
Highly Desirable Location! Check out this legal 4plex currently being used as a Triplex. Located in Coral Ridge subdivision. Just North of Commercial Blvd. Close to US1/Federal Highway.This is by far the best price per unit available or sold in Coral Ridge in months. Here’s the Breakdown: Unit 1A is 2/1 rented for $1,100 per month Unit 1B is a Studio…vacant
Unit 2 is 1/1…vacant
Unit 3 is 1/1..rented for $875 per month There are three electric meters.
The studio has a full kitchen and bathroom. Tenants are all month-to-month and pay electric while owner pays water. Roof just done last year and units have window unit A/C’s. There’s also room to increase rents in the future. Local rents for 2/1’s are up to $1,700 and 1/1’s average $1,200. Very Airbnb worthy…..Only 10 mins drive to the beaches! Don’t hit the snooze button on this one.
- 5XXX ne 20th ter, Fort Lauderdale, FL 33308
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