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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

649 NW 22ND RD, FORT LAUDERDALE, FL 33311

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Multi Family - for Sale

649 NW 22ND RD, FORT LAUDERDALE, FL 33311

Asking Price$549,900

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  • Days on market:

    5 day(s)

  • Original Price:

    $549,900

  • Tax Legal Description:

    WASHINGTON PARK 19-22 B LOT 6,7 BLK 3

  • Tax Year:

    2023

  • Property Type:

    Multi Family

  • Parking:

    Shared Parking

  • Lease Term Remaining:

    1 To 3 Year Lease

  • Construction Type:

    Cbs Construction

  • Cooling Description:

    Wall/Window Unit(s)

  • Heating Description:

    Other

  • Special Listing Conditions:

    Sale

Description

$549,900

This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of fort lauderdale and in an up and coming neighborhood. this building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. this building offers a personal water and electric meter for each unit separately. a good size parking lot for all of the tenants and it's customers.

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