741 NW 3rd Ave

Fort Lauderdale, 741 NW 3rd Ave, 33304

Quick Summary

Property ID
PR1393251219
Price
$231,000
Area:
1,824 sq ft

Property Description

No. Units: 4
Lot Size: 6,749 SF
Price/Unit: $57,750 /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 0270
Status: Active

This is a four-unit apartment all 1/1 zoned RMM-25. All leases are annual. Monthly rental rates are below current market value. Unit 1 & 2 have central A/C. All units have tile except unit 2 has terrazzo flooring. All units come equipped with stoves and refrigerators. All units are on the same meter. Municipal sewer. Email Lindsey Way for more information.

Location Description:
Located east of 95 and Broward in Fort Lauderdale, FL Progresso.

Financial Summary / Actual
Net Operating Income / $23,100

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