Property summary
Exceptional investment opportunity awaits in Wilton Manors, Florida. This meticulously maintained 9-unit apartment building, located at 2201 NE 14th Ave, boasts a desirable address in Broward County (zip code 33305). Built in 1959, the property comprises eight modern one-bedroom, one-bathroom units, each featuring a private backyard patio, and one spacious two-bedroom, one-bathroom unit. Recent upgrades include a brand-new roof, hurricane-proof windows, and a fully completed 40-year recertification. Furthermore, the entire electrical service system has been upgraded for optimal efficiency and safety. All units are currently 100% leased on annual leases, providing immediate and consistent rental income. The property also includes a convenient on-site coin-operated washer and dryer. Central air conditioning is standard in all units. This turnkey investment is situated in a highly sought-after area, offering easy access to a vibrant array of shopping, dining, and entertainment options. The single-story building presents a low-maintenance opportunity with strong potential for future appreciation. The asking price is $2,700,000.
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