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On Las Olas Since 1979 - Call 954-467-1448

  • INVESTORS! EXCELLENT TENANTS PAY RENT ONLINE ON TIME & TAKE PRIDE IN PROPERTY. THIS PROPERTY RUNS ITSELF. NEW ROOF 2018. GATED PROPERTY BACKS UP TO CANAL.GROSS RENTAL INCOME=$56,400/YR. PROPERTY WAS FULLY OCCUPIED BY LONG TERM TENANTS THAT WERE PAYING EXTREMELY LOW RENTS WHEN SELLER PURCHASED THE BLDG. AS SUCH, SELLER HAS BEEN INCREASING RENTS AT LEASE RENEWAL W/ THESE TENANTS. NEXT LEASE EXP DATE IS IN 5 MONTHS. SELLER INCREASING RENT FROM $1150/M TO $1350/M WHICH INCREASES GROSS RENTAL INCOME TO $58,800/YR. ACs ARE WINDOW/WALL UNITS THAT ARE TOTALLY EFFICIENT. NO CALLS FOR A LEAKING AC, ETC. SHOULD REPLACEMENT BE NECESSARY IT IS VERY INEXPENSIVE TO DO SO VERSUS CENTRAL AC. NEWER FLOORS, KITCHENS, & PAINT 2019. EMPTY STORAGE ROOM READY FOR COIN LAUNDRY HOOKUP. VERY WELL MAINTAINED.

    • Additional Details
      • Address1783 NW 55th Ave
      • Price$900,000
      • CityLauderhill
      • Parking Spaces7
      • MLS #F10332247
      • Property TypeResidential Income
      • Year Built1971
      • Property ClassResidential Income
      • Type of PropertyFourplex
      • StatusActive-Available
      • Waterfront?Yes
      • Water ViewCanal Front
      • SubdivisionSunshine Villas First Add
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