Summary
Living Area: 1,223 sq ft | Lot Size: 5,000 sq ft
Bedrooms: 4 (2 per unit) | Bathrooms: 2 (1 per unit)
This fully remodeled duplex, nestled on a quiet street in the heart of the Lincoln Park neighborhood, offers an exceptional investment opportunity. With one unit (1711) vacant at closing and the other (1709) rented month-to-month for 1,750, this property presents immediate income with the potential to increase rents after the lease expiration.
Key Features:
- Recent Remodel: Both units updated less than 3 years ago
- Income Potential: Generate over 4.6K/month, with a projected cap rate around 10%
- Prime Location: Just 9 minutes from Las Olas, with shopping, dining, schools, and downtown Fort Lauderdale nearby
- Modern Upgrades: New tile flooring and windows installed within the last 3 years
- Flexible Leasing: Perfect for investors looking to raise rents or find new tenants quickly
With strong rental demand and significant potential for increased returns, this property is an ideal addition to any investor's portfolio. Don’t miss out on this high-yield, hassle-free investment opportunity!
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold