Property Description
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.
Features
: Other
: Wallwindowunits
: 5
: Common
: Publicsewer
Address Map
FL
Broward County
Fort Lauderdale
33311
649 NW 22nd Rd
W81° 49' 41.2''
N26° 7' 49.3''
MLS Addon
3,193 Sqft
: Block
5
5
Google Maps
1
1
: Item36months
Cash,Conventional
504205010580
: Office
$8,963
2023
Commercialsale For Sale
649 NW 22nd Rd, Fort Lauderdale, Florida 33311
9,134 Sqft
$549,900
MLS # #A11572781
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $549,900
Year Built : 1982
Lot Area : 9,134 Sqft
MLS # : A11572781
Property Sub Type : Mixeduse