Price reduced
Photo 1 of 60$425,000
Price reduced1515 NW 2nd Ave, Fort Lauderdale FL 33311
1,523 sq ftBuilt 1963MLS# A12051695
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About this property
6.57% EST. CAP RATE!! Fully rented duplex near highly desirable Wilton Manors generating $3,600/month in rental income. Tenants pay water and electricity, helping keep owner expenses low and providing immediate income from day one. Each unit offers its own washer/dryer, water heater, separate electric meter and private backyard—features that support tenant privacy and long-term rental appeal. Property features no cloth wiring and newer appliances. Long-term tenants are already in place with active leases. Minutes from Wilton Manors, Las Olas, Flagler Village, Sistrunk Marketplace, Downtown Fort Lauderdale and the beach. Sold AS-IS with no surprises: full inspection, 4-point, wind mitigation and contractor estimates for roof replacement and cast-iron line lining are available to buyers. Short sale subject to lender approval. Ideal for buy-and-hold or 1031 exchange investors.
Property details
- Property type
- Multi-family
- Year built
- 1963
- Living area
- 1,523 sq ft
- Price per sq ft
- $279
- Property taxes
- $9,912/yr
- Parking
- 3 spaces
- Building / community
- Progresso
- Status
- Price reduced
- MLS #
- A12051695
