USD 1,500,000

4213 NE 21st Ave
Fort Lauderdale, Florida 33308

Beds
Baths

Property Description

Investors PRICED TO SELL FAST! Cash Cow. Corner Fourplex in Prestigious CORAL RIDGE 10 Minutes from the beach. East of US1.
Each unit has 2 independent entrances, Owner can share his project of turning into 8 units. Four 1/1 and Four 2/1 to increase profits even more. Use is Residential Multifamily 1-10 Units
Lot: 10,8575 SQFT Each unit is 1350sqft approx all have washer/dryer, a screened Porch/Balcony and independent electric meters.
Seller is buying a building otherwise he wouldn't sell. He just started increasing rents without remodeling and has a waiting list of interested tenants.
Add Value and grow to a 9%+ CAP RATE.
You can use it for Airbnb, long term, short term lots of possibilities to increase returns.
Don't miss on this one.

Listed by La Rosa Realty Grt. Ft. Lauderdale

Property Details

ID #
A10988257
Status
Sale
Type
House, Residential, Duplex, Triplex
Zip Code
33308
Building Area
5,208ft2
Year Built
1961
Parking Spaces
8
Building Feature
Air Conditioning
Septic
City sewer
Construction
CBS Construction
Exterior Features
Balconies, Laundry Facility, Screened Balcony
Floor
Ceramic Floor, Tile Floors
Lot
Corner Lot, East Of US 1, Less Than 1/4 Acre Lot
Occupancy
Tenant Occupied
Roof
Flat Tile Roof
Utilities
Internet
Zoning Information
RMM-25

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