1106 Ne 5th Ave, Fort Lauderdale, FL 33304

$1,199,999
3,754
SqFt

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List Price
$1,199,999
Price Change
▼ $150,000 1778900473
MLS#
A11685074
Sq. Ft
3,754
Subtype
Quadruplex
County
Broward
Community
Progresso
Subdivision
Progresso
Year Built
1980

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.

Additional Information

Status Label
ACTIVE
Construction
CBS Construction
Cooling
Central Air
Flooring
Other
Heating
Other
Lot Description
Less Than 1/4 Acre Lot
Roof
Other
Taxes
$13,674
Total Floors
1
Stories
1
Roofing
Other
Price Per Sqft
$319

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Calculator source: Real Geeks

Listing Courtesy Of United Realty Group Inc, Contact: