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772-600-4836
Real Estate Company
1515 NW 2nd Avenue, Fort Lauderdale, FL 33311
- $425,000
- 1,523
- SqFt
- List Price
- $425,000
- Days on Market
- 114
- Price Change
- ▼ $40,000 1793130488
- MLS#
- A12051695
- Short Sale
- Yes
- Year Built
- 1963
- Living Area
- 1,523
- MLS Area Major
- 3390
Property Description
6.57% 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 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. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.
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Additional Information
- Taxes
- $9,912
- Zoning
- RDS-15
- Utilities
- Cable Available, Sewer Available
- Heating
- Other, Separate Meters
- Air Conditioning
- Ceiling Fan(s), Wall/Window Unit(s)
- Exterior Construction
- CBS (Concrete Block Structure), Block
- Roof
- Shingle
- Elementary School
- Thurgood Marshall
- Middle School
- Sunrise
- High School
- Dillard 6-12
Listing courtesy of Related General Realty, LLC.. Contact: