Property Description

This offering presents a compelling investment opportunity to acquire a well-maintained four-unit multi-family property in the highly desirable Coral Ridge Isles neighborhood of Fort Lauderdale, Florida. This property delivers strong current income, coupled with significant long-term appreciation potential due to its prime location and attractive amenities. The building comprises two one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units, catering to a diverse tenant base.

Property Highlights:? Roof replacement in 2019.? New, predominantly impact-resistant windows throughout.? Tankless water heaters in three units.? Free internet access provided by the owner.? Private backyards for each unit.? On-site laundry facilities for tenant convenience.

Features
: Other
: Wall/window Unit(s)
: 8
: Less Than 1/4 Acre Lot
: Shingle
: Public Sewer
Address Map
FL
Broward County
Fort Lauderdale
33334
5861 NE 18th Ave
CORAL RIDGE ISLES
0
W81° 52' 36.3''
N26° 12' 3.5''
Financial Highlights:? Attractive Seller Financing: The seller is offering exceptional financing terms:? $650,000 at 5.75% interest for 60 months (5 years).? Balloon payment due at the end of the term.? No prepayment penalty.
CORAL RIDGE ISLES
MLS Addon
: Detached
9
: All Cash, Owner Will Carry
4
: Gardener, Trash Collection, Other Rent Incl, Pest Control
1
: Quadruplex, Fourplex
$13,928
2023
RMM-25

Residential Income For Sale

5861 NE 18th Ave, Fort Lauderdale, Florida 33334

2,612 Sqft
$1,200,000
Listing ID #A11757342
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11757342
Price : $1,200,000
Square Footage : 2,612 Sqft
Year Built : 1967
Building Area : 2,612 Sqft
Status : Active
Agent info
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