1515 Nw 2nd Ave, Fort Lauderdale, FL 33311

$465,000
1,523
SqFt

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List Price
$465,000
Days on Market
64
Price Change
▼ $25,000 1787364266
MLS#
A12051695
Year Built
1963
Living Area
1,523
Building Name
Progresso

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.

Additional Information

Taxes
$9,912
Community Features
Progresso
Property Description
Duplex
Zoning
RDS-15
Heating
Other
Air Conditioning
Ceiling Fan(s), Wall/Window Unit(s)
Exterior Construction
CBS Construction
Roof
Shingle

Listing Courtesy Of Related General Realty, LLC., Contact:

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