848 NW 2nd Ave, Fort Lauderdale, 33311
Listing UP for Sale
848 NW 2nd Ave, Fort Lauderdale, 33311
Overview
- 6750
- Lot sqft
- 1973
- Year Built
Description
HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in fast developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the new ‘ALDI’ supermarket & WAWA. New Townhomes on east side. Lot of upcoming construction nearby. Property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are on yearly leases. FULLY OCCUPIED. Building has security deposits/last month rent! The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 $85,982. Immense yearly GROWTH! Complex has coin operated Washer & Dryer, generating extra income!
Expenses include lawn, water, common electric, insurance & property taxes. Do NOT disturb tenants. POF to show! AS IS. 1031 Exchange Buyers welcome!!
Address
Open on Google Maps- Address 848 NW 2nd Ave
- City Fort Lauderdale
- State/county Florida
- Zip/Postal Code 33311
- Area Broward County
Details
Updated on June 15, 2024 at 12:22 pm- Property ID: A11515319
- Price: $1,049,000
- Land Area: 6750 sqft
- Year Built: 1973
- Property Status: Listing UP for Sale
Listing Agent Contact Information
View Listings© Data Source Copyright: Copyright Southeast Florida Multiple Listing Service ©2024. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.