$1,150,000

$460/sq ft

$100,000
Price Decreased

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Overview

Year Built

1946

Sqft

2500

Property Type

Quadruplex

Property Description

Turnkey 4-plex (configured as 5 income-producing units) generating approx. $8,400/month ($100,800/year) in gross income! Pride of ownership throughout with all units tastefully remodeled and featuring impact windows & doors. Private fenced yard, ample on-site parking, plus rear space with room for RV parking and potential additional income. Opportunity to add a pool to further increase rents and value. Annual expenses approx. $35K (taxes, insurance, maintenance). Strong cash flow asset in prime 33304 location just minutes to Las Olas, Downtown, Wilton Manors, Fort Lauderdale Beach, Galleria Mall, Brightline & FLL Airport. Excellent investment opportunity with upside! Back yard shed does not convey.

Property Details

MLS#

F10554416

Total Floor in Bldg

1

Address

707 15th NE

City

Fort Lauderdale

State/county

FL

Zip/Postal Code

33304

Area

Norfolk Gardens Amd 15-38

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$18,446

Maint Fee

$--

Tax Year

2024

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Boris Gelfand