Progresso

$630,000

1515 NW 2nd Ave, Fort Lauderdale, FL 33311

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 03/25/2025

Details:

Building Size: 1,523 sqft

Units: 2

Year Built: 1963

Floors: 1

Parking Spots: 3

Gross Leaseable Area: 1,523

Offered by Realtor

Carlos Pulido

Related ISG International Real

#3145441

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Carlos Jose Pulido

Engel & Voelkers

#3317675

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Highlights:

Lot Features: Less Than 1/4 Acre Lot
Documents Available: Other Available Information
Architectural Style: Attached
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Other
Flooring: Terrazzo
Construction Materials: CBS Construction

Description:

This beautiful fully rented duplex offers income and is a great opportunity for investment: produces $4,150/m, 4.5% net cap rate (return on investment). Very close to the very desirable city Wilton Manors! Your Tenants will rent it because of that. Each unit has its own water heater, Washer & Dryer, an individual electric meter for added privacy and its own private spacious backyard, perfect for relaxing or entertaining. Big part of the house has updated PVC piping and NO cloth wiring. Located just minutes from the vibrant Sistrunk Marketplace, Galleria Mall, Las Olas Beach, and retails like Home Depot, Wawa, and Publix. Don’t miss the opportunity. Contact us today to schedule a viewing!