1000 SW 8th Ave # 1-2, Fort Lauderdale, FL 33315 Pending

  • $383,000
  • 4 beds
  • 2 baths
  • 2,186 sqft

This is a Beautiful TRIPLEX. That is currently cash flowing at an 8.78% cap rate. Rents are severely under market, if you raise the rents to current market value for this area you can easily raise your cap rate to 12.4%. This is an amazing neighborhood and is very desirable! CROISSANT PARK is one of the best areas in Fort Lauderdale!

This property has almost new everything!!! NEW Central A/C Unit, NEW Roof, NEW Title Floors, NEW Doors!!

PROPERTY IS CASH FLOWING. ALL THREE UNITS ARE MONTH TO MONTH, ONE TENANT RECENTLY MOVED OUT OF ONE OF THE 2/1 UNITS, AND IT IS CURRENTLY VACANT. ALL TENANTS HAVE BEEN RENTING HERE FOR A LONG TIME!

SHOWING BY APPT ONLY!

Price:
$383,000
Address:
1000 SW 8th Ave # 1-2,
Fort Lauderdale, Fl 33315
Square Feet:
2,186
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Year Built:
1968
Const. Type:
CBS

Call (954) 998-3366 for more details

Property Location