740 NW 4th Ave

Fort Lauderdale, 740 NW 4th Ave, 33304

Quick Summary

2,388 sq ft

Property Description

No. Units: 4
Lot Size: 6,750 SF
Price/Unit: $60,750 /Unit
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Commission Split: 3%
Cap Rate: 10%
Occupancy: 100%
Tax ID/APN: 4942 34 07 0470
Status: Active

This is a four-unit apartment with a lot size of 6,750 sq. ft. The zoning is RMM-25. All leases are annual. Monthly rental rates are below current market value. All units have tile and come equipped with stoves and refrigerators. All units are on the same meter. Municipal sewer. All units are 2/1.

Location Description:
Located in Fort Lauderdale east of 95 in Progresso.

Financial Summary / Actual
Net Operating Income / $24,300


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