1820 NE 56th Street, Fort Lauderdale FL 33308

About This Property

PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOME FROM COIN-OPERATED LAUNDRY ROOM. PERFECT FIT FOR 1031 EXCHANGE, SAVVY INVESTORS, OR OWNER-OCCUPIERS. FREEDOM OF NO HOA AND NO RENTAL RESTRICTIONS. FEATURING A NEW ROOF (2021), NEW WASHER/DRYER, AND ALL CENTRAL A/C SYSTEMS (MOSTLY 1-4 YEARS NEW). UP TO DATE WITH ALL 40/10-YEAR RECERTIFICATIONS COMPLETED. --- DO NOT DISTURB TENANTS.---

Property Details

Property Type

Multi Family

Status

Active

MLS #

B26052376

Building Area

4,588 SF

Lot Size

0.19 acres

Year Built

1965

Zoning

RMM-25

Units

6

Net Operating Income

$74,600

Days on Market

0

Price

$1,325,000