This is a rare chance to acquire a package of four sophisticated, fee-simple townhomes, built in 2010, with no HOA. Each of the modern, three-story units features 3 bedrooms (1st bedroom currently used as a den), 3.5 baths, high ceilings, impact-rated windows, stainless steel appliances, granite countertops, private patios, and master suites with balconies. Each property also comes with a two-car garage and is separately metered for water and electricity.Currently leased at under-market rates , these townhomes present an attractive value-add opportunity. With comparable units in the area renting for higher amounts, there's potential for increased rental income, positioning this 4-plex as a prime asset with strong upside.Current annual income stands at $146,400, with clear room for growth.
1740-1746 N Dixie Hwy, Fort Lauderdale, FL, 33305
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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