Excellent opportunity to acquire an income-producing duplex in the Roosevelt Gardens Community of Fort Lauderdale. Both units are currently rented, generating $3,650 in gross monthly income, providing immediate cash flow from day one. The property sits on a residential street within a developing neighborhood, making it a strong long-term investment. Conveniently located near restaurants, schools, shopping, public transportation, and is within walking distance to Roosevelt Gardens Park. Easy access to I-95 and Sunrise Blvd allows for quick travel throughout Fort Lauderdale and surrounding areas, further enhancing tenant appeal. Ideal for both first-time and seasoned investors looking for a stable, low-maintenance multifamily investment with consistent income and long-term growth potential. Annual Gross Income = $43,800 | Annual Operating Expenses = $13,555 | Net Operating Income = $30,245Cap Rate = 6.72%
Listing courtesy of Compass Florida, LLC. Contact:
Selling Office: Macken Realty Inc.
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Agent: Eli Faitelson | Email: eli@thechadcarrollgroup.com