526 NW 15th Way
Fort Lauderdale, FL 33311
4009 sqft | #FX-10493079
Description
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.
Property Details
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Property TypeMulti-Family
- Utility FeaturesPublic Sewer
- SubdivisionDORSEY PARK
- MLS #FX-10493079
- MLS #FX-10493079
- Original List Price$1,400,000
- Property SubtypeQuadruplex
- RoofMansard
- CountyBroward
- Taxes Annual$18,659
- Cost1400000
- Square Feet4009
- Year Built1957
- ZoningRS-8
- Stories1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Michael Topow (#3354597)
Listing Office: Keller Williams Realty Consult (#278013216)
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