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