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.
Property Description
Features
: Other
: Central Air
: 6
: Other
: Less Than 1/4 Acre Lot
: Other
: Public Sewer
Address Map
FL
Broward County
Fort Lauderdale
33304
1106 NE 5th ave
PROGRESSO
0
W81° 51' 38.7''
N26° 8' 20.7''
PROGRESSO
MLS Addon
: Other
: Cbs Construction
118
: All Cash, Conventional
5
: Sewer, Water, Trash Collection
1
: Quadruplex, Fourplex
$13,674
2023
RMM-25
3,754 Sqft
$1,399,999
Listing ID #A11685074
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11685074
Price : $1,399,999
Square Footage : 3,754 Sqft
Year Built : 1980
Building Area : 3,754 Sqft
Status : Active
