1106 NE 5th Avenue, Fort Lauderdale, FL 33304
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Active

$1,199,998

1106 NE 5th Avenue, Fort Lauderdale, FL 33304

Beds
0 Baths
3,754 Sq Ft
1980 Year Built

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.

Property Details

MLS Number
A11685074
Property Type
Quadruplex
City
Fort Lauderdale
County
Broward
Subdivision
PROGRESSO
Garage
spaces