649 NW 22nd Rd, Fort Lauderdale, FL 33311
sale
$549,900
|
Other
Courtesy Of LoKation Real Estate
This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Block
- Legal Description: WASHINGTON PARK 19-22 B LOT 6,7 BLK 3
- MLSID: A11572781
- Parking Spaces: 5
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