649 NW 22nd Rd
$549,900
649 NW 22nd Rd, Fort Lauderdale, FL 33311
For Sale
Multifamily
Active
Last Updated: 01/29/2025
3,193 sqft
Building Size
5
Units
Details:
Building Size: 3,193 sqft
Units: 5
Year Built: 1982
Floors: 1
Parking Spots: 5
Highlights:
- Number Of Buildings: 1
- Cooling: Wall/Window Unit(s)
- Heating: Other
- Construction Materials: CBS Construction
- Parking Features: Shared Parking
Description:
This is an amazing opportunity with huge potential to own a 5 unit commercial building in the heart of Fort Lauderdale and in an up and coming neighborhood. This building is fully occupied and rented with long term tenants producing anywhere between $4,150 to $4,300 each month with the ability to easily increase the rents in order to get close to 7% cap rate. This building offers a personal water and electric meter for each unit separately. A good size parking lot for all of the tenants and it's customers.
Location
Gallery
