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

Address Map
FL
Broward County
Fort Lauderdale
33304
1106 NE 5th Ave # 5
0
W81° 51' 38.7''
N26° 8' 20.7''
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MLS Addon
118
: All Cash, Conventional/refinance
: Sale
$13,674
RMM-25

Commercial Sale For Sale

1106 NE 5th Ave # 5, Fort Lauderdale, Florida 33304

10,127 Sqft
$1,399,999
Listing ID #A11685059
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11685059
Price : $1,399,999
Year Built : 1980
Lot Area : 10,127 Sqft
Building Area : 3,754 Sqft
Status : Active
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