848 NW 2nd Ave Active Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33311
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,936 sqft
Price per Sqft $565
MLS Listing ID A11706192
Year Built 1973
Annual Tax Amount $10,779
Lot Size 6,750 Sqft
Property Description
HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $85,982. Will continue to GROW! Complex has a Laundromat (one coin washer & dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds MUST accompany offer!
Location
State FL
County Broward
Area 3460
Interior
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Roof Type Tile
Building
Story 1
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Other
Listing Terms Cash,Conventional,1031 Exchange,Other