$950,000
$950,000
For more information regarding the value of a property, please contact us for a free consultation.
2,538 SqFt
SOLD DATE : 10/15/2021
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $374
Subdivision Progresso 2-18 D
MLS Listing ID F10292369
Sold Date 10/15/21
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1962
Annual Tax Amount $9,797
Tax Year 2020
Property Description
Unique opportunity to own a LEGAL 6-UNIT building in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated and new tenants have been brought in. New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. Each unit has only ONE occupant. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 6.1%. Room to grow! Less than 2 miles to Fort Lauderdale Beach!
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RC-15
Interior
Heating No Heat, Window/Wall
Cooling Ceiling Fans, Wall/Window Unit Cooling
Flooring Ceramic Floor, Terrazzo Floors
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Miami Forever Real Estate
"My mission is to bring light into the world of real estate by turning the complex into simple and hard into easy, one person and one transaction at a time!"