Description
This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ALDI supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times (zoned RMM-25)! The property is well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds to accompany offer.
School Ratings & Info
Description
This legal FIVEPLEX consists of three 1/1 & two Studios. This is a unique property to own in fast developing sub division of Progresso Village, close to downtown Ft Lauderdale. Adjacent to the newly opened popular ALDI supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming new construction nearby. This property is worth its land value many times (zoned RMM-25)! The property is well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The Complex has a Laundromat (one Coin washer & Dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds to accompany offer.
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