Residential Income

One of a kind opportunity just 3 blocks from Lake Ave, 4 blocks to the intracoastal and Bryant Park, this area of Federal Highway is desirable with newer built townhomes just down the road. The building is well maintained and offers almost 10% cap rate. Always rented, the existing tenants are month to month and all would like to remain. The 2/1 is upstairs with an exterior stairway, the two 1/1 units down, with kitchen & living room. Shared coin laundry which nets landlord add'l income, paved parking, plus a huge shady fenced courtyard with firepit and picnic areas. Individually metered, tenants pay electric, landlord covers water and gas. This extra deep lot allows for construction of another bldg. A perfect vacation rental with walking distance to downtown hot spots & bike to the beach