848 NW 2nd Ave
Fort Lauderdale, FL 33311
#A11706192
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!
Property Details
- Property SubtypeIncome/MultiFamily
- CountyBroward County
- MLS #A11706192
- MLS #A11706192
- Property TypePurchase
- Cost1095000
- Utility SourcePublic
- Year Built1973
- Stories1
Location
Legal
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Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Jessica Laleh (#3318633)
Listing Office: Compass Florida, LLC (#COMP03)
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