Multifamily in Fort Lauderdale, FL 33305

Lauderdale Park, 1827 N Dixie Hwy #1-3

Prime Fort Lauderdale Triplex with Endless Potential! This investment opportunity features two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all with central air conditioning, 3 electric meters, 2 water meters, and month-to-month tenants. The property offers incredible potential for expansion or modernization; lot size big enough to add additional unit. Located in a prime area ideal for short-term rentals, this triplex is ready to be transformed into a high-cashflow investment. Most recent yearly leases for updated 2/1's in the area were up to 2,300/month and yearly leases for updated 1/1's were up to $1,800. That's a potential of $6,400/month gross for yearly leases after renovations. Don’t miss this chance to maximize your returns in Fort Lauderdale’s thriving market!