- 772-334-8600
- 850 Federal Hwy, #422, Stuart, FL 34994
- info@amprorealty.com
Excellent Investment Opportunity! Legal 5-Unit Multifamily Property Featuring Four Spacious 2-Bedroom, 1-Bath Apartments Plus One Studio. Currently Generating $6,700 Monthly With One Vacant Unit Offering Immediate Upside! Projected Income Of $8,400 Monthly Or $100,800 Annually! Annual Expenses: Taxes $18,000, Insurance Estimated $7,500, Water $3,756, Lawn $660. Total Approx. $29,916 Annually. Projected NOI $70,884 With A Potential 7.16 Cap! New Roof In 2023, Mostly Renovated Units With Updated Kitchens, Flooring And PVC Plumbing. Tenants Pay Their Own Electric! No HOA! Excellent Income-Producing Property With Strong Upside Potential!
This property is located in Oriole Estates, a community in Lauderdale Lakes, FL. People searching for properties in Lauderdale Lakes can use this listing page to review property details, photos, location, pricing, and nearby similar listings.
Lauderdale Lakes, FL 33309
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