827 NW 1st Ave

Florida, 827 NW 1st Ave, 33315

Property Description

No. Units: 4
Lot Size: 7,334 SF
Price/Unit: $65,000 /Unit
Property Type: Multifamily
Property Sub-type: Duplex/Triplex/Fourplex
Property Use Type: Investment
Commission Split: 3%
Cap Rate: 10.20%
Occupancy: 100%
No. Stories: 1
Tax ID/APN: 4942 34 06 3241
Status: Active

Ideal investment opportunity in the heart of Fort Lauderdale’s Progresso Village. Unit is fully occupied cash on cash return. DO NOT DISTURB TENANTS. Drive by only. Active development area, wave street car stop nearby, revamped area. Below current market rent rate. For more information, email Lindsey Way: LWAY@RELATEDISG.COM.

Location Description:
Fort Lauderdale, FL Progresso Village area. Close to downtown. East of I-95.

Financial Summary / Actual
Scheduled Gross Income / $34,140

Unit Mix Information:
Description / No. Units / Avg. Mo. Rent
1 bed/1 bath / 1 / $650
1 bed/1 bath / 2 / $695
1 bed/1 bath / 3 / $750

Map

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