πŸ”₯Triplex in Fort Lauderdale with potential 10% cap and 100k+ in Equity! πŸ”₯

Broward County, Fort Lauderdale, FL, 33311
Sold
Listed at: August 9th, 2024
Price
$530,000
ARV
$690,000
Gross Margin
$160,000
Sq. Footage
1988
Type
Multifamily
Parking
Assigned
Year build
1957
Lot size
0.13 acres
Bedrooms
6
Bathrooms
3
Half Bathrooms
0
Summary

Buy and Hold or Flip ~  

Located in the heart of **Fort Lauderdale**

**INCREDIBLE INVESTMENT OPPORTUNITY, located in the  area of emerging Fort Lauderdale 33311

 Key Features πŸ”‘

- 10 minutes from Las Olas Beach** πŸ–οΈ
- 6 minutes from Las Olas BLVD  πŸ›’
- 10 minutes from Ft. Lauderdale Airport** ✈️

 Property Details 🏠

- Units: 3 units, each with 2 bedrooms and 1 bathroom πŸ›οΈπŸ›
- Total Living Area:** 1,988 sqft πŸ“
- Lot Size:** 5,650 sqft 🌳
- Year Built:** 1957 πŸ—οΈ
- Rehab Level:** Light πŸ’‘
- Construction:** Block 🧱
- Electrical Panel:** Good Condition ⚑
- Air Conditioner:** Wall units
- **Roof: FLAT ROOF  New, installed in 2023 🏠

 Opportunity πŸ’°

- 2023 Taxes:** $7568 πŸ’΅
- Rents:** Current rent is $1200 per unit, significantly under market value.

After repairs, rents in the area range from $1,900 to $2,100 per unit πŸ“ˆ

- Utilities:** Each unit has its own electric meter, and there is one water meter for the entire property πŸ”ŒπŸ’§

Don't miss this opportunity to secure the best deal in the neighborhood and unlock the full potential of this triplex! 🌟🏠

  • All offers are Cash or Private Lender Only.
  • Deposits for all properties are non-refundable.
  • Properties are sold AS-IS with NO inspection period; Please inspect first.
  • Buyer pays all closing costs for buyer and sellers.
  • OFFERFI LLC is not a licensed contractor or appraiser.
  • Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.
  • Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.

 

 

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Bibiana Pelaez

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