Property consists of a 2 story building plus 1 story rear cottage. Both buildings have new roofs & transferable warranties. These annual apartments, occupied by long term tenants of several years, are currently month to month making upside potential quick. This deep lot provides several spacious outdoor patios. Parking area can accommodate tandem vehicles greatly expanding the 7 spaces. Located steps off Andrews Ave gives direct accessibility to Wilton Manors, downtown Ft Laud, I-95, and the beach. The bus line and shopping are within walking distance. Property offers a lot of value and projected cap rate with increased taxes shows 6.6% return. Please drive by only and do not disturb tenants.
a month ago | Price changed to $949,900 | |
a month ago | Listing updated with changes from the MLS® | |
3 months ago | Status changed to Active | |
5 months ago | Listing first seen on site |
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