Here is a triplex producing at almost a 7% cap that needs zero work and fully occupied. It was fully renovated in 2010. You will notice in the pics there are some pics that are from 2007 before it was renovated and still looks in good shape and clean. I'm working on setting up the first showing with the tenants this week so you can come and take a look how it's looking now. Let me know if this property interests you. Regards, Jose.
Address420 se 18th ct Fort Lauderdale FL 33136
Unit 1 - $1,600 (2br/2.5ba)
Unit 2 - $1,600 (2br/2.5ba)
Unit 3 - $1,320 (2br/1.5 ba)
All year lease with good tenants.
Number of Units
Brand New Construction 2010
Two-Floor Units -Townhouse style
Separate water and electric meters - no expenses
Master En-Suite Bathrooms (Total 5 Bath + 3 Half Bath)
Bid Page 2 Additional Terms (obsolete)
Tax ID Number
CROISSANT PARK 4-28 B LOT 7 BLK 55
Beautiful off market townhouse style building in prime Fort Lauderdale. Property built brand new ground up in 2010. Features CBS, Central A/C, Washer/Dryer, Separate Meters. Fabulous location and great neighborhood, close to downtown and Las Olas
Addendum Special Sale Terms
Notwithstanding the foregoing, in the event there is a monetary fine associated with any of the Encumbrances, Seller may elect, at it’s sole discretion, to (1) pay for such fines or provide Buyer a credit equal to or greater than such fines at closing; or (2) grant Buyer the option to either (a) terminate the Agreement; or (b) close on the property subject to such fines. Buyer to assume property with tenants.