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741 NW 2nd Ave, Fort Lauderdale, FL 33311
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3,416
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Investors Special ! Unique Opportunity to own BOTH attached twin homes (2units) in fast developing Progresso Village. The rental market is thriving in the immediate area. Rent both homes on a short or long term basis or live in one and rent the other. 2017 Built that consist identical floor plans. 3/2 with 1,708 Sqft each, updated kitchen/bath, 1 car garage, impact windows. Asking price for both $990,000. Avg market rent is $3,500 per home. $7000 total/mo. Proforma 6% cap rate. New constructions abounds in the area, fast developing..currently 20 projects under construction includes FAT village, $300 million mixed-use development 2027. Walking distance to Thrive Arts, Fat Village, Flagler Village, and Brightline. Recently appraised. Priced to sell. Offering Memorandum available upon request |
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