1106 Northeast 5th Avenue
$1,425,000
—
3,754
3,754
$380
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...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.
- Listed by Ilan Allen Ziv • United Realty Group Inc
Property Details for 1106 Northeast 5th Avenue
Subdivision
PROGRESSO
StyleFourplex
WaterfrontNo
Area3700
Geographic AreaFt Ldale NE (3240-3270;3350-3380;3440-3450;3700)
AuctionNo
Total Units5
Num Stories1
LISTING UPDATED: 10/30/2024 05:00 PM
Property Details for 1106 Northeast 5th Avenue
Status | Active |
---|---|
MLS # | A11685074 |
Days on Market | 17 |
Taxes | $13,674 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income / Fourplex |
Year Built | 1980 |
Lot Size | - |
County | Broward County |
Building Information for 1106 Northeast 5th Avenue
Stories-Residences5Year Built1980Building Size-Lot Size-
Property Information for 1106 Northeast 5th Avenue
Property History for 1106 Northeast 5th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1106 Northeast 5th Avenue
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Side Elementary School PublicPK to 5 | ||
Sunrise Middle School Public6 to 8 | ||
Fort Lauderdale High School Public9 to 12 | ||
Sunrise High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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