Townhome/Townhouse For Sale

10 CAP w/ Huge Upside

Three manufactured triplex's and a CBS are on one acre of the property, leaving 4+ acres available to add more rentable units. Zoned, as of right to build up to 1 home per acre, with no max size limits.

Folio also includes 127 SW MEETING AVE., a 1552 sq/ft two story duplex on a 0.058 acre lot.

Monthly Gross = $6,737. Tenants pay utilities; Owner pays landscaping. No vacancies.

Units are cash flowing and can be renovated to increase returns. 2700 sq/ft CBS building zoned as daycare daycare rented well below market rates can be converted into another triplex.
Tenants supply ALL appliances. Easy maintenance!

Huge Upside; Many opportunities to convert from cash flow to a CASH COW!

Motivated; Make an offer, won't last long!

DONT DISTURB TENANTS!

Property Details

  • Beds: 20
  • Baths: 14.0
  • Year Built: 2001
  • Location:
  • Waterfront: Yes
  • Waterview: Yes
  • Community: Madison Complex
  • Siding: Frame
  • Roof: Shingle
  • Property Taxes: $4,841
  • MLS #: A11620181

Location

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Contact Information:

phone Call now 1-855-943-4272
Contact Agent
Listing Agent: Henry Mahan, Charles Rutenberg Realty Fort Lauderdale, 954-394-4010, 954-396-3001 Listing Site, Listing Status: Active
Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Townhome/Townhouse For Sale in Other City - In The State Of Florida, Florida
Ad Number : 5140302
Viewed: 49 times
Added: Jul 09, 2024
Updated on: Aug 24, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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