New Listing - 05/08/2024

$1,425,000 ($379.60 per sqft)

Est. Mortgage $7,489/mo *

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1985

Fourplex

3,754 sqft

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.

Status:

Active

Type:

Multi-family

Zoning:

RMM-25

Subdivision:

¤PROGRESSO

Heating:

Other

Cooling:

Central Air

Parking:

7-car

Est. Taxes:

$13,674

Construction

Block

Utilities

Cable Not Available

Lot Description:

< 1/4 Acre

Pool:

None

MLS #:

A11583953

Community Info

School Info

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Listing courtesy of United Realty Group Inc Phone: 954-450-2000