$600,000
$590,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/01/2022
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Progresso
MLS Listing ID A11187410
Sold Date 06/01/22
Construction Status Resale
HOA Y/N No
Year Built 1967
Annual Tax Amount $6,920
Tax Year 2021
Contingent Backup Contract/Call LA
Property Description
Look No Further - Unique investment opportunity with RARE Combination to own (6) LEGAL UNITS- (2) TRIPLEX in the East Fort Lauderdale - PRIME LOCATION. This property is ONLY being sold together with the adjoining Triplex-1304 NE 11th St (MLS#A11187435) $590,000. Combined, these 2 folios offer a total of 6 units all separate electric meters and 10,100SF of land! Total price for both folios is $1,180,000. Unit breakdown: (2) 2bed/1bath, (2) 1bed/1bath,(2)studios/1bath. 100% occupied - Collect rent immediately. Units are rented below market rents- The possibility and potential are endless- Perfect for AIRBNB opportunity- Potential Airbnb CAP 11%. Subject located 2.5 miles to the BEACH, minutes to LAS OLAS and Downtown FTL. Please do not disturb tenants.
Location
State FL
County Broward County
Community Progresso
Area 3380
Interior
Heating Central
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Other, Terrazzo
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront No
Roof Type Barrel
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 494234046480
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Listed As-Is
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Bought with EXP Realty LLC
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