Investment Opportunity in the South Middle River area of east Ft Lauderdale, ideal for a live-in & income situation, dual income units or AirBnb. Each unit in the duplex offers 2 bed/2 bath with a shared laundry room in the back. Unit A was updated a few years back to include new windows, Unit B has a long-term tenant who has been in place for over a decade and has not been updated. Both units have newer ACs which were replaced within the last 2-3 years. The age of the roof is unknown at this time. Rents are currently well below market value at $1,450 & $1,400, leases end 11/30/22 & 3/31/23. With a little TLC, these units can lease for well above $2,000/side. If considering the AirBnb route, units in the immediate area are going for $98-$218/night off season (check zoning)
- Address 1541 NW 3rd Avenue #A-B
- City Fort Lauderdale
- County Broward
- Zip 33311
-
Price
$550,000
($273 / SqFt) - Status Closed
- Subdivision Progresso
- Pets Allowed
- MLS® # 10822868
- Property Type Duplex
- Property Sub TypeDuplex
- Status Closed
- Square Feet 2,014
- Year Built 1972
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $6,285
- Tax Year 2021
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311