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Income Producing 5/3 Duplex in Ft. Lauderdale!



$279,900

FOR SALE

2984 SW 16th St

Fort Lauderdale, FL

  • Currently rented below market value for $1,500 for the 3/2 and $1,200 for the 2/1 with leases.
  • Do not disturb tenants.
  • Property is in good shape.
  • Tile floors throughout.
  • Kitchen and baths are nice.
  • Central A/C.
  • Separate electric meters.
  • Each unit has private laundry rooms.
  • Houses in the area sell between $250k and $275k. This is like buying a 3/2 house with an additional income producing property.

Documents

 

  • Sale Comps $290K - $300K
  • Rental Comps $3,200 - $3,300
  • Property Type Residential
  • Location Fort Lauderdale, FL
  • Size 2178 sq. ft.
  • Bedrooms 5
  • Bathrooms 3
  • TAV 224.2K
  • Annual Taxes $3,899

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