1118 Nw 31 Av Ave
Fort Lauderdale, Florida
$1,500,000 Rental Price
- Bedrooms   - Baths

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2...

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.

Listing courtesy of RE/MAX Advance Realty

 

Listing Details

Fort Lauderdale, Florida
Type: Rental
Price: $1,500,000
Approx. square footage: 5,827 sf
Web ID: 11566600
MLS ID: A11566600

Info & Amenities

Type: Quadruplex
Built: 1956
Pool: Yes

Map of Area for 1118 NW 31 Av Ave

Listing Agent(s)