LoKation
Listed by LoKation
$675,000
1990 SW 9th Street # 2 #1-2
Details
APN 504209120970
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,750
Units 4
NOI $25,155
Year Built 1987
Acreage 0.230
Zoning RD-15
Multifamily | 4 Units
Marketing description
Exceptional investment opportunity in the highly desirable Riverside Park neighborhood of Fort Lauderdale! This unique duplex features two spacious 2-bedroom, 2-bathroom units, offering strong income potential and flexibility for both investors and owner-occupants. One unit has been beautifully updated with new flooring, vanities, kitchen countertops, sink, mirrors, and lighting, while both units include the convenience of in-unit washers and dryers. Additional improvements include a newer AC system in one unit and a roof replaced in 2019, providing peace of mind for years to come. Situated on a fully fenced lot for added privacy, this property is ideally located just minutes from Downtown Fort Lauderdale, FTL international Airport, beaches, shopping, & dinning One unit is currently leased for $1,900 per month, providing immediate rental income, while the second unit is vacant and available for showings, making it perfect for an owner-occupant or for securing a new tenant at market rent. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this Riverside Park duplex offers an outstanding opportunity in one of Fort Lauderdale's most convenient and rapidly growing locations.
Listing Contacts
LoKation
Listed by LoKation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,155.00
$2,096.25/mo
Valuation Metrics
0
DSCR
3.73%
Cap Rate
3.73%
ROI
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