,Other, Quadruplex, ?progresso for Sale

for Sale

Price $1,425,000.00

• Lot size 3754
• Year Build 1985
• Waterfront
• Zip 33304
• Style Other
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11498705 Showing with POF or Pre-approval only. Text LA 3058036530

PROGRESSO 2-18 D LOT 27,28,29 BLK 145

Less Than 1/4 Acre Lot

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.

City:Fort Lauderdale,Zoning:RMM-25,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.1390891,Cooling Y N:1,Heating Y N:1,List Price:1425000,Listing Id:A11583953,Longitude:-80.1392372,Mls Status:Active,Year Built:1985,Directions:use GPS,Living Area:3754,Postal Code:33304,Coordinates:1:26.1390891,Photos Count:25,Building Name:?PROGRESSO,Days On Market:10,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:3370,M L S Area Major:?progresso,On Market Date:2024-05-08,Parcel Number:494234040910,Parking Total:7,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:1,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:United Realty Group Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4924,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:?PROGRESSO,Tax Annual Amount:13674,Unparsed Address:1106 NE 5th Ave, Fort Lauderdale FL 33304,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:3754,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:379.5951,Original List Price:1425000,Public Survey Range:49,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:5,Syndication Remarks: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.,Listing Contract Date:2024-05-08,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:Appointment Only,Street Number Numeric:1106,Tax Legal Description:PROGRESSO 2-18 D LOT 27,28,29 BLK 145,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:3754,M I A M I R E_ Internet Remarks:5 Legal Units at Lake Ridge, FL,Contract Status Change Date:2024-05-08,Number Of Units In Community:4,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:379.6,