1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
- $465,000
- 1,523
- SqFt
- List Price
- $465,000
- Days on Market
- 63
- Price Change
- ▼ $25,000 1787374194
- MLS#
- A12051695
- Year Built
- 1963
- Living Area
- 1,523
- MLS Area Major
- 3390
Property Description
5.86% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features mostly PVC plumbing, no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. An attractive opportunity for buy-and-hold or 1031 exchange investors seeking an occupied income-producing asset in a prime Fort Lauderdale location.
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Additional Information
- Taxes
- $9,912
- Utilities
- Cable Available, Sewer Available
- Heating
- Other, Separate Meters
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior Construction
- Block
- Roof
- Shingle
- Elementary School
- Thurgood Marshall
- Middle School
- Sunrise
- High School
- Dillard 6-12
Listing courtesy of Related General Realty, LLC.. Contact: