526 NW 15TH Way
Property Description
Exceptional investment opportunity offering immediate cash flow, generating approximately $120,000 in annual revenue and a 7.5% CAP rate. The 11,300 SF lot features a 4-bedroom, 2-bath single-family home generating $2,800/month in rental income, plus a quadplex with four 2-bedroom, 1-bath units generating $1,800/month per unit, for an additional $7,200/month. An additional building is currently used for storage and may offer potential for conversion to a laundry facility or additional living space, providing an opportunity for additional income, subject to applicable approvals. A strong opportunity for investors seeking multiple income-producing units, existing cash flow, and future upside. Lot size and property information are based on BCPA records.
Broker Details
Realty Professionals of Coral Springs (954) 755-0888
MLS ID: 3354597 State License Number: 3354597
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,200,000 |
| No. of Units: | 2 |
| Year Built: | 1957 |
| Lot Size: | 4,009.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $600,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-B26065700
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