Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Listed By
Agency Name: Keller Williams Realty Consultants
Agency Phone: 954-688-5400
Shown By
Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 8,205.09 per month $6,048.93 Principal & Interest $1,806.17 Property Tax $350.00 Homeowner's InsuranceSend an email with a link to
526 NW 15th Way, Fort Lauderdale, FL 33311.
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526 NW 15th Way, Fort Lauderdale, FL 33311.
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526 NW 15th Way | MLS# B26065700
This multi-family property located at 526 NW 15th Way, Fort Lauderdale, FL 33311 is currently listed for sale with an asking price of $1,200,000. Search Fort Lauderdale real estate on www.bankeayanleke.com today.