926 - 932 NW 2nd St, Fort Lauderdale, FL 33311 — MLS photo

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926 - 932 NW 2nd St, Fort Lauderdale, FL 33311

Active · Quadruplex

$1,790,000

926 - 932 NW 2nd St, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
1,811 sq ft
$ / sq ft
$988/sq ft
Year built
2023
Lot size
—
HOA fee
—
Annual tax
—

About this property

INVESTOR ALERT. NEWER CONSTRUCTION IN FORT LAUDERDALE. ALL UNITS RENTED! Over 5% Cap Rate! Excellent Location next to Downtown FTL & Bright Line Station! Over 135k Income Yearly! 4 Newer Townhomes built in 2023 with 3 Bedrooms, 2 1/2 Baths & 1 Car Garage with Guest Parking. Each Unit Has A Separate Utility Meter And Folio #. Interior Features Neutral Tones. Tile In All Living Areas. Vinyl Wood Flooring On Stairs And Second Floor. Modern Kitchen With Stainless Steel Appliances. Full-Size Washer And Dryer In All Units. Impact Doors & Windows. Guest Parking Is Available For All Units. Please inquire for more information. Pro Forma & Leases Available for all units.

Property location

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926 - 932 NW 2nd St, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0
Living area
1,811 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
2023

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
A11902800
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,000

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
5.5%
Mortgage payment
$8,486/mo
Down payment
$447,500
Loan amount
$1,342,500
Annual NOI
$41,826

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.