Terrific opportunity to own a multi-family home with a 3/2 and two efficiencies. Great income potential and a potential cap rate at 7-8 percent. In a great location in LakeRidge on Victoria Park Road close to U.S. 1, the beach, Wilton Manors, downtown Fort Lauderdale, Flagler Village. Owner's unit is large, updated w/3 bedrms, 2 bathrms, eat-in granite/stainless steel kitchen, & large living room. Tenants are on a month-to-month lease. One unit is an updated 1 bedrm, 1 bath. Two small efficiencies. Ample parking. Green areas for every unit. Coin operated washer and dryer. Tremendous opportunity for owner occupant, Airbnb or investor! Income of $46,600 with all units rented. Current rent = $21,600. Owner unit potential=$24,000. Currently, expenses total $11,387.
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