Carver Heights First Add

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Building Features: Laundry Facility
• Documents Available: Other Available Information, Rent Rolls
• Architectural Style: Detached
• Cooling: Other, Wall/Window Unit(s)
• Heating: Window/Wall
• Flooring: Other, Tile
• Construction Materials: Concrete Block Construction, CBS Construction

Description:

Fausto Commercial presents a charming multi-unit investment opportunity in Deerfield Beach! This well-maintained 4-unit property at 223 SW 5th Ct offers strong rental potential in a quiet, convenient neighborhood. All four units are 2-bedroom / 1-bath, and several renovations have been completed throughout the units, enhancing appeal and rental value. The property also features ample parking, a fenced yard, and on-site coin-operated laundry.
With current 2-bedroom rents at $1,900, the property generates a gross income of $90,180 and a net income of $67,921, resulting in an impressive 8% cap rate. Located just minutes from the beach, 1-95, shopping, and dining, this versatile asset sits in a high-demand area.
Don't miss this opportunity!

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Listing ID: A11914676