635 NORTH WEST 22ND RD #4, Fort Lauderdale
$649,000 USD
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Address | 635 NORTH WEST 22ND RD #4, Fort Lauderdale |
Building Name | WASHINGTON PARK |
Type of Property | Quadruplex |
Property Style | Quadruplex |
Price | $649,000 |
Property Status | Active |
MLS Number | A11830697 |
Living Area | 1810 |
Year Built | 1967 |
Parking Space Number | 4 |
Folio Number | 504205010540 |
Gross Rent Income | $64,200 |
Net Operating Income | $45,700 |
Zoning Information | CB |
Days on Market | 90 |
Detailed Description: Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale’s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 sq.ft Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes.
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Address Information
State | Florida |
City | Fort Lauderdale |
County | Broward County |
Zip Code | 33311 |
Address | 635 NORTH WEST 22ND RD |
Zip Code (4 Digits) | 7725 |
Financial Information
Price | $649,000 |
Price per Foot | $0 |
Folio Number | 504205010540 |
Gross Rent Income | $64,200 |
Net Operating Income | $45,700 |
Tax Amount | $12,060 |
Tax Year | 2024 |
Full Descriptions
Detailed Description | Fully Leased Fourplex Asset | Core Fort Lauderdale Location 7.04% CAP Rate An exceptional opportunity to acquire a fully leased, turnkey four-unit multifamily property in one of Fort Lauderdale’s strongest rental sub-markets. This income-producing asset offers immediate cash flow and long-term value appreciation, making it well-suited for both portfolio expansion and strategic 1031 exchange placement. Asset Highlights: 4 Fully Occupied Units| Separately metered for water Private Off-Street Parking. High tenant retention appeal 1,810 sq.ft Total Living Area. Low-maintenance construction 5 Bedrooms / 4 Bathrooms. Functional and efficient layouts Prime Urban Location: Positioned within minutes of Downtown Fort Lauderdale, Las Olas, and major transit routes. |
Roof Description | Other |
Floor Description | Tile |
Cooling Description | Central Air |
Heating Description | Central |
Sewer Description | Public Sewer |
Property parameters
Living Area | 1810 |
Zoning Information | CB |
Year Built | 1967 |
Type of Property | Quadruplex |
Style | Quadruplex |
Building Name | WASHINGTON PARK |
Development Name | WASHINGTON PARK |
Construction Type | Concrete Block Construction,CBS Construction |
Stories Number | 1.000 |
Street Direction | North West |
Parking Space Number | 4 |
Listed with | Best Homes, LLC. |