Connect
Find us on...
Dashboard
1-833-2-DUPREE
- $1.2M Price
- 1,502 Sqft
- 124 DOM
1175 Sw 16th Ave
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!!
Essential Information
- MLS® #A11573474
- Price$1,165,000
- Bathrooms0.00
- Square Footage1,502
- Year Built1987
- TypeResidential Income
- Sub-TypeQuadruplex
- StyleFourplex
- StatusActive
Community Information
- Address1175 Sw 16th Ave
- Area3470
- SubdivisionRIVERSIDE PARK ADD AMEN P
- CityFort Lauderdale
- CountyBroward County
- StateFL
- Zip Code33312-3213
Amenities
- UtilitiesCable Not Available
Interior
- InteriorOther, Terrazzo
- HeatingCentral, Electric
- CoolingElectric
- # of Stories2
- StoriesTwo
Exterior
- WindowsOther
- RoofOther
- ConstructionOther
Additional Information
- Listing Courtesy ofOptimar International Realty
- Date ListedApril 22nd, 2024