Income-producing duplex located at 700-702 NW 18th St in Fort Lauderdale. This multifamily property features two units, each offering 3 bedrooms and 2 bathrooms, for a total of 6 bedrooms and 4 bathrooms, with 2,024 sq ft of living area.
Unit 700 generates 3,850 per month and unit 702 generates 3,800 per month, for a total monthly income of 7,650. All tenants are on month-to-month agreements. Both primary bedrooms on each side offer private entrances and en-suite bathrooms.
Major capital improvements have been completed, including roof replacement in 2020, HVAC updates (2023 for unit 700 and 2022 for unit 702), electrical upgrades in 2023, and a paved and sealed driveway completed in 2024. Each unit includes a new large washer and dryer. Parking available for 6+ vehicles.
Offered at 875,000. Excellent opportunity for investors seeking stable income in an established Fort Lauderdale rental market.
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700 NW 18th St, Fort Lauderdale, FL 33311 · MLS# A11940088
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