1619 NW 6th Pl - Apartments FOR SALE


Fort Lauderdale, FL 33311
$375,000 USD
301-213-9692
1619 NW 6th Pl, Fort Lauderdale, FL for Sale
$375,000 USD
Apartments - FOR SALE
1/18
null | 8% Cap Rate

1619 NW 6th Pl
Fort Lauderdale, FL 33311


HIGHLIGHTS

  • Private Fenced in Driveways
  • Private Fenced in Backyards
  • Brand New Roof with Warranty

OVERVIEW

The property comprises two large units, each with an identical one-bedroom and one-bathroom layout. Each unit has its own driveway and fully fenced in private back yard making this property very attractive and easy to rent. A brand-new roof was installed in October 2024. Additionally, both units have been fully renovated with new kitchen cabinets and countertops, and large white porcelain tile floors. Units 1 is being left vacant for showings and unit 2 houses a long-term tenant, with rents at $1,600 and $1,500, respectively. The total potential monthly rent is $3,200. Tenants are responsible for their own electricity, while the landlord pays water expenses, averaging about $220 monthly. Property is within the CRA Boundary and Opportunity Zone. Property is ideally located just off of Sistrunk Blvd and new developments including the Adderly and Laramore which are only blocks away along with tons of other new projects along Sistrunk Blvd. Property is close to Downtown Fort Lauderdale, restaurants, amenities, culture, and transportation. These are some of the last remaining affordable housing units that are available in Broward County. Please refrain from interacting with or disturbing the current tenants. Unit a is unoccupied and can be shown to prospective buyers.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$421 USD /SF

# OF UNITS

2

PRICE/UNIT

$187,500

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Duplex with 2 Private Fenced-in Yards

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,009 SF

ZONING

RS-8

APN/PARCEL ID

50-42-04-12-0490

ASK ABOUT THIS PROPERTY

Christopher MurphyBeckett Realty Advisors, LLCMore Info
301-213-9692

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Christopher MurphyBeckett Realty Advisors, LLCMore Info
301-213-9692

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.