1116-1118 NE 15th Ave Active

Fort Lauderdale,FL 33304

$ 649000

- Bed

0 Bath

1120 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $579

Subdivision Progresso

MLS Listing ID A11642846

Year Built 1952

Annual Tax Amount $7,283

Tax Year 2023

Property Description

Investment Opportunity, a meticulously updated duplex two 1-bed 1-bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new AC units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. Currently a 5% CAP rate, with potential for increased return. Situated on a generous 6,502 sq. ft. lot with RC15 zoning, there?s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don?t miss out on this opportunity!

Location

State FL

County Broward

Community Progresso

Area 3380

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Tile

Exterior

Exterior Feature Room For Pool

Pool None

Utilities Available Cable Not Available

Waterfront No

Roof Type Shingle

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

View More
Favorite Go Tour