1515 Nw 2nd Ave, Fort Lauderdale, FL 33311

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List Price
$425,000
Days on Market
111
Price Change
▼ $40,000 1793128800
MLS#
A12051695
Short Sale
Yes
Year Built
1963
Living Area
1,523
Building Name
Progresso

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.

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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