Unique opportunity to own a LEGAL 6-UNIT building + a Laundry room, large corner lot located in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated . New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 5.1%. Less than 2 miles to Fort Lauderdale Beach!
