1106 NE 5th ave Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33304
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
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