Fully occupied 4-unit multifamily investment in Fort Lauderdale's desirable Croissant Park neighborhood. All four units feature 2 bedrooms and 1 bathroom, generating $8,675 in monthly rental income and $104,100 annually at current rents. Units 1 and 2 each rent for $2,250/month, Unit 3 for $2,275/month, and Unit 4 for $1,900/month.… Read More Some units are furnished, offering flexibility for future long-term or short-term rental strategies, subject to applicable regulations and existing leases. Conveniently located near downtown Fort Lauderdale, Broward Medical Hospital, Las Olas, beaches, FLL airport, Port Everglades, shopping, dining, and major roadways. An opportunity to acquire an income-producing property with all four units rented. Read Less
Courtesy of EXP Realty LLC 888-883-8509
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
2,790
Lot Size
0.15 Acres
Year Built
1966
MLS Number
B26097683
Additional Details
Property Access
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Alley Paved
Building
Built in 1966, Living area: 2790.0, 1 storey, Levels: One, Construction Materials: Block, Stucco
Community
4 units in community
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Expenses
Operating: $33,846
Exterior Features
None
Floors
Terrazzo, Tile
Foundation
Slab
Heating
Separate Meters, None
Home Owner's Association
Association Fee: $0
Income
Gross Income: $104,100, Net Operating Income: $70,253
Laundry
Laundry Room, Common Area
Lot
0.15 acres, Dimensions: 6750
Pets Policy
Allowed: Yes, No Restrictions
Property
Resale
Roof
Composition, Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 504215013332, Annual Amount: $14,776, Legal Description: LAUDERDALE 2-9 D LOT 11 BLK 58, Year: 2024, Zoning: RM-15
Tenant Pays
Electricity, Sewer, Water
Utilities
Electricity Available, Water Available, Water Source: Public, 4 separate electric meters
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