5911 NE 18th Ave
For sale5911 NE 18th Ave, Fort Lauderdale, FL 33334
Property type
Multifamily
Unit / Space count
4
Price
$895,000
Cap Rate
5.84%
Building size
2,673 SF
Year built
1962
Lot size
0.17 acres
Property description
Introducing a prime investment opportunity in Fort Lauderdale, this multifamily property offers a 2,673 square foot building comprised of 4 residential units, all currently at full occupancy. Originally constructed in 1962 and zoned RMM-25, the property provides an attractive combination of established character, manageable scale, and a desirable location within the Fort Lauderdale market. With a strong rental history and 100% occupancy, the property offers investors an established income stream and an opportunity to capitalize on continued demand for well-located multifamily housing. As a 4-unit property, the asset may also qualify for residential financing programs, potentially providing investors with access to more favorable financing terms and a broader range of lending options than traditionally available for larger multifamily properties. This financing flexibility can enhance the property's appeal to both experienced investors and owner-occupants seeking an income-producing acquisition. Don't miss the opportunity to add this established, income-producing property to your investment portfolio. Whether you're a seasoned multifamily investor or exploring your first investment, this asset offers a compelling combination of location, full occupancy, manageable scale, and potential financing advantages, making it an attractive opportunity for long-term ownership in Fort Lauderdale.