$549,900
22nd Rd

649 NW 22nd Rd, Fort Lauderdale FL 33311

Beds

Baths

SQFT 9,134

Garage

42 Years Built

Home Details

This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.

Other Interior Features

Heating
Other
Appliances
Living Area - SqFt
Inside
Total - SqFt
9134

General

MLS#
A11572781
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
CBS Construction
Window Features
Total - SqFt
9134

Neighbourhood

Location

This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.

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