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9,665 SF Specialty Building Offered at $1,620,000 at a 5.54% Cap Rate in Fort Lauderdale, FL

9,665 SF Specialty Building Offered at $1,620,000 at a 5.54% Cap Rate in Fort Lauderdale, FL

9,665 SF Specialty Building Offered at $1,620,000 at a 5.54% Cap Rate in Fort Lauderdale, FL

  • Home
  • Florida
  • Fort Lauderdale

For Sale

$1,620,000

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9,665 SF Specialty Building Offered at $1,620,000 at a 5.54% Cap Rate in Fort Lauderdale, FL

Property ID :

 RH-5135-property

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Bedrooms
12
Bathrooms
10
Garage
4
Area
9665 SF
Year Built
2010

Description

A great 4plex townhouse income investment property in a great location near Wilton manors and10 min drive to Fort Lauderdale beaches, these townhouses are a 4plex with its own individual charm each is a 2,373 SQF and 3 stories. 1st floor features 3 bedrooms plus a convertible den and 2.5 baths. 2nd floor features a living & dining room, modern kitchen with granite counter tops and stainless steel appliances and a guest powder room, bedrooms and baths on the 3rd floor. the units are all cozy and very private property is well built with an open layout, tall ceiling and windows all nicely finished, each with 2 carport garage.

Located near Wilton manors and 10 min drive to Fort Lauderdale beaches, 10 mins drive to downtown, and Las Olas Boulevard, 20 mins to the Fort Lauderdale Hollywood international airport.

Additional Details

  • Building Class: B
  • Price Per SF: $168
  • Cap Rate: 5.54%
  • Property Type: Specialty
  • Property Subtype: Residential Income
  • No. Stories: 3
  • Gross Rental Income: $114,000
  • Effective Gross Income: $114,000
  • Total Expenses: $18,390
  • Net Operating Income: $95,610

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