Basic Information

  • MLS # F10260577
  • Type Quadruplex
  • Status Closed
  • Subdivision/Complex Progresso 2-18 D
  • Year Built 1955
  • Total Sqft 2,100
  • Date Listed 11/30/2020
  • Days on Market 135
Description

6% Cap Rate! Do not miss this fully permitted, conforming cash cow fourplex! Recent updates include new impact windows and doors; new granite, stainless steel and wood kitchens; new porcelain tile baths; new fixtures and vinyl plank flooring; new ductless central AC systems; new tankless water heaters, new landscaping including irrigation; and more! Always 100% leased to long-term tenants. Increase rent by expanding Unit 4 into the carport to transform the One Bed/One Bath into a Two Bed/Two Bath. Five meters, new electrical service and panels. On-site laundry, meter room and storage room. Sit back and collect rents from Day 1! Located in an Opportunity Zone! Perfect Airbnb candidate!

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Exterior Features Fence, Security High Impact Doors, Lighting, Patio
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 2,100Sq.Ft
  • Cooling Description Central Air
  • Floor Description Vinyl
  • Heating Description Central
  • Sqft 2,100 Sq.Ft

Property Features

  • Address 1201 NE 5th Ave
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, F H A
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Progresso 2-18 D
  • Tax Amount $6,898
  • Tax Legal desc PROGRESSO 2-18 D LOT 23,24 BLK 115
  • Tax Year 2019
  • Terms Considered Cash, Conventional, F H A
  • Type of Property Quadruplex

1201 NE 5th Ave

Fort Lauderdale, FL 33304

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coastal Props Realty of S FL. tel: (954) 321-5735

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