1106 NE 5th ave Active

Fort Lauderdale,FL 33304

$ 1425000

- Bed

0 Bath

3754 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,754 sqft

Price per Sqft $379

Subdivision Progresso

MLS Listing ID A11685074

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $13,674

Tax Year 2023

Property Description

If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after Lake Ridge area of Fort Lauderdale. Rental Income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced Roof in 2020. 40-Year Certification Passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from Las Olas Blvd, Victoria Park, and Flagler Village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.

Location

State FL

County Broward

Community Progresso

Area 3700

Interior

Heating Other

Cooling Central Air

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Other

Total Parking Spaces 6

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Resale

Others

Tax ID 494234040910

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

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