FOR SALE
1175 16th Ave
Broward, RIVERSIDE PARK ADD AMEN P, Fort Lauderdale, FL
FOR SALE
Asking
$1,165,000
BTC
12.161
ETH
305.46
Home Size
1,502 sq. ft.
Year Built
1987
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!!
LOADING
Location
Market Area
Broward
Neighborhood
RIVERSIDE PARK ADD AMEN P
Agents
Rosa Poler
+1 310 910 1722
Kevin Poler PA
+1 310 910 1722