526 NW 15th Way Fort Lauderdale, FL 33311
Other
MLS #: F10491389
Courtesy Of Realty Professionals of Coral Springs
Property InformationDescription
Discover an outstanding investment opportunity, generating immediate cash flow from day one, with a CAP rate exceeding 8%. The first property consists of a Single Family home (4 beds, 2 baths), generating $3,000/month in rental income. Additionally, there's a quadplex on the lot, with four 2/1 units, generating $1,800/month per unit for a total of $7,200/month. The property also includes an extra building currently being used for storage, which could potentially be converted into a laundry facility, or another living space offering an opportunity for additional revenue. The total lot size is 11,300 sqft. The second lot is vacant and zoned Residential. It's 5,650 sqft in size, offering development potential. All lot sizes and details are pulled directly from BCPA for accuracy.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 4
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Tile
- Legal Description: DORSEY PARK FIRST ADD 21-30 B LOT 23,24 BLK 2
- MLSID: F10491389
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