1142 NW 6th Ave Active

Fort Lauderdale,FL 33311

$ 650000

- Bed

- Bath

2213 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,213 sqft

Price per Sqft $293

Subdivision Progresso

MLS Listing ID F10461445

Style Duplex

Year Built 1973

Annual Tax Amount $8,134

Tax Year 2023

Sub Type Duplex

Property Description

Investment opportunity in a desirable area with strong rental demand! This well-maintained duplex has successfully operated as a TRIPLEX to maximize rental income. Currently fully occupied, this property offers immediate rental income potential with long-term month-to-month tenants who are paying below market value, presenting a significant opportunity for increased returns. (2/2 - $1700, 2/1 - $1500, Eff - $1100) (Total rent = $4300) (~8% CAP RATE) Roof less than 5 years old. Central air w/ additional AC units. Newly installed impact windows.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RD-15

Zoning RD-15

Interior

Heating Window/Wall

Cooling Central Cooling,Wall/Window Unit Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Comp Shingle Roof

Roof Comp Shingle Roof

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

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