1175 SW 16th Ave, Fort Lauderdale, 33312
Buy
1175 SW 16th Ave, Fort Lauderdale, 33312
Quick Details
MLS #: A11573474
- Property Type
- Quadruplex
- 1502
- sqft
- 1987
- Year Built
Description
Excellent investment opportunity in Fort Lauderdale with this multifamily with two independent buildings. Each building has two badroom two-bedroom apartments, offering a total of four units generating $87K/year income, $67K/year NOI for a 5.6% CAP, easily upgradable to comparable units nearby for a total $112K/year income and a $92K NOI and a 7% CAP. With a total of 9,220 square feet of land and 1,502 square feet of construction per building, this property is ideal for investors looking to add value through improvements. Ask us for OM and complete investment package!!
Address
Open on Google Maps- Address 1175 SW 16th Ave
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33312
- Area Broward County
Details
- MLS #: A11573474
- Price: $1,165,000
- Property Size: 1502 sqft
- Year Built: 1987
- Property Type: Quadruplex
- Property Status: Buy
Listed by Rosa Poler · Optimar International Realty
- Updated on July 23, 2024 at 8:01 am
Ask a Miami Realty Solution Agent a Question
View ListingsFor more information about this Quadruplex for Buy currently listed for $1165000 located in 1175 SW 16th Ave Fort Lauderdale, Florida 33312 please call our real estate office at 1-(305) 728-0840
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