Property Description

Unique multifamily opportunity in Fort Lauderdale! This four-unit property offers flexibility for both investors and owner-occupants looking to take advantage of multiple income-producing units. The property consists of one 2-bedroom/1-bath unit with a separate living room, kitchen, and central A/C, plus three studio/efficiency-style units, each featuring an open living/sleeping area, kitchen, private bathroom, and window A/C. Live in one and rent the others! The larger 2-bedroom unit provides an excellent option for an owner-occupant looking to make the property their primary residence while generating rental income from the remaining three units. For investors, the four-unit configuration provides multiple potential income streams from a single property. All four units are currently vacant, giving the new owner flexibility to make desired improvements, select their own tenants, and establish rents based on their investment strategy. The property is in average rental-grade condition, and each unit has its own water heater. Several improvements have been completed over the years, including a roof permitted in 2022, paved parking area completed in 2019, and select impact windows and doors installed in 2016, according to available permit records. Conveniently located near Sunrise Boulevard and I-95, providing easy access to Downtown Fort Lauderdale, employment centers, shopping, dining, transportation, and major Broward County destinations. Whether you’re an investor looking to expand your rental portfolio or an owner-occupant interested in living in the larger 2-bedroom unit while generating income from the other three, this vacant four-unit property offers a compelling combination of flexibility, income potential, and opportunity to add value in the Fort Lauderdale market.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof
Sewer
Address Map
State:
FL
County:
Broward
City:
Fort Lauderdale
Zipcode:
33311
Street:
635 Nw 22nd Road, Fort Lauderdale, Florida 33311
Longitude:
W81° 49' 43.2''
Latitude:
N26° 7' 48.2''
MLS Addon
Building Area:
1,810 Sqft
Construction Materials
Cumulative DOM:
1
DOM:
2
Exterior Features
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
504205010540
Stories Total:
1
Structure Type:
Multi Family
Subdivision Name:
WASHINGTON PARK
Tax Annual Amount:
$12,416
Utilities
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Residential Income For Sale

635 Nw 22nd Road, Fort Lauderdale, Florida 33311, Fort Lauderdale, Florida 33311

1,810 Sqft
$520,000
MLS # #B26085647
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$520,000
Square Footage :
1,810 Sqft
Year Built :
1967
Lot Area :
4,003 Sqft
MLS # :
B26085647
Agent info
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