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.
- Swimming Pool
- Heating System
- Cooling System
- Patio:
- Patio
- Roof
- Sewer
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33311
- Street:
- 1515 Nw 2nd Ave, Fort Lauderdale, Florida 33311
- Longitude:
- W81° 51' 12.5''
- Latitude:
- N26° 8' 45.4''
- Building Area:
- 1,523 Sqft
- Construction Materials
- Cumulative DOM:
- 655
- DOM:
- 109
- Directions:
- Take I-95 to Sunrise Blvd and head east. Turn left (north) on NW 9th Ave (Powerline Rd), then right on NW 15th St. Turn left on NW 2nd Ave. Property is on the left side.
- Exterior Features
- Flooring
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Lot Features
- Parcel Number:
- 494234016370
- Subdivision Name:
- PROGRESSO
- Tax Annual Amount:
- $9,912
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1515 Nw 2nd Ave, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $425,000
- Square Footage :
- 1,523 Sqft
- Year Built :
- 1963
- MLS # :
- A12051695
