526 Nw 15th Way, Fort Lauderdale, FL 33311
- $1,200,000
- 4,009
- SqFt
- List Price
- $1,200,000
- MLS
- B26065700
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 4,009
Property Description
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
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Additional Information
- Days on Market
- 24
- Style
- Fourplex
- Lot Size
- 11,300
- Exterior Features
- Barbeque
- Year Built
- 1957
- Development Name
- Dorsey Park First Add
- #Stories
- 1
- Construction Type
- Concrete Block Construction, CBS Construction, Stucco
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Listing Courtesy of Keller Williams Realty Consult, Contact: