1515 Nw 2nd Ave, Fort Lauderdale, FL 33311
- $465,000
- 1,523
- SqFt
- List Price
- $465,000
- Price Change
- ▼ $25,000 1787364266
- MLS
- A12051695
- Complex Name
- Progresso
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,523
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.
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Additional Information
- Days on Market
- 63
- Style
- Duplex
- #Parking Spaces
- 3
- Year Built
- 1963
- Development Name
- Progresso
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 34
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Listing Courtesy of Related General Realty, LLC., Contact: