| 848 NW 2nd Ave Fort Lauderdale, FL 33311 |
| Listed Date YYYY/MM/DD:2023-06-12 | ID: 1011402049 |
| Price: $1,175,000 | County: Broward County |
|
| Area: 3460 | Square Footage: |
| Property Tax: $9,738.00 |
| Sewer Description: Municipal Sewer | Zoning Information:RMM-25 |
| Folio Number: 494234063450 |
| Number of Units: | Year Built: 1973 |
| Number of Parking Spaces:8 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects City & County Tax |
| Legal Description: PROGRESSO 2-18 D LOT 47,48 BLK 260 |
| 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 newly opened
popular 'ALDI' supermarket & WAWA. On East side are newly built Townhomes. Lot of upcoming construction
nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on yearly leases. FULLY OCCUPIED. The Yearly Rental Gross Income is $74,856 & once all leases renewed in 2023, gross rent to be $85,982. The 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 to accompany offer |
