Description
Let your tenants pay your mortgage! Earn an 8% Cap/ROI from Day 1! This 5 bed | 3 bath home in Fort Lauderdale offers the rare ability to live as a single-family residence, duplex, or triplex. Currently operated as a triplex, it’s a proven income generator. The front unit functions as a 3 bed | 1 bath renting for $2802/mo, while the two efficiencies in the rear each generate up to $2000/mo in peak season (AIRBNB 5-stars) or $1200–$1400 monthly. The rear units have their own private entrance and driveway. Fully occupied with most tenants on Month-to-Month; a 24-hr notice is required for all showings. There is 1 electric meter & 1 water meter on site. Situated on a 10,758 sqft corner lot, there’s room to park an RV, or add a pool. This property has Clean title—no violations or permit issues. Conventional loans + 1031 Exchanges + DSCR Loans (+1.25 ratio) + CASH offers only!
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,478SQFT
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$419$/SQFT
School Ratings & Info
Description
Let your tenants pay your mortgage! Earn an 8% Cap/ROI from Day 1! This 5 bed | 3 bath home in Fort Lauderdale offers the rare ability to live as a single-family residence, duplex, or triplex. Currently operated as a triplex, it’s a proven income generator. The front unit functions as a 3 bed | 1 bath renting for $2802/mo, while the two efficiencies in the rear each generate up to $2000/mo in peak season (AIRBNB 5-stars) or $1200–$1400 monthly. The rear units have their own private entrance and driveway. Fully occupied with most tenants on Month-to-Month; a 24-hr notice is required for all showings. There is 1 electric meter & 1 water meter on site. Situated on a 10,758 sqft corner lot, there’s room to park an RV, or add a pool. This property has Clean title—no violations or permit issues. Conventional loans + 1031 Exchanges + DSCR Loans (+1.25 ratio) + CASH offers only!
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