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1115 NW 5TH AV, Fort Lauderdale, Florida

$274,900Active

1115 NW 5TH AV, Fort Lauderdale, Florida 33311
- MLS® ID: A10291924

Property Details

1115 NW 5TH AV, Fort Lauderdale, Florida 33311 - Updated, well maintained, powerful income&upside appreciation. Stable street desired by stable hard working tenants willing to pay rent without hassles. Large 3/2 units with nice common yard. Located in fast appreciating South Middle River area steps from Wilton Manors. Please drive bye,walk around property but do not disturb tenants. Do your own numbers. Check taxes on Broward.org. We self insure & only pay for lawn service and common area repairs estimated at under 2k a year total. Net income about $23,000 after 4k in expenses. Low stress property/tenants in low stress market. Project rents can be increased to about $1,300 and $1,200. Should fence in back yard for rear unit to achieve this. Seller financing possible 50% down-10% yearly interest price and terms are firm.

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Amenities

  • Zip33311
  • CountyBroward
  • SQFT1830
  • StatusActive
  • Purchase TypeActive
  • Property typeRental
  • Zoning typeDUPLEX
  • Year built1967
  • SewerMunicipal Sewer
  • HeatingElectric Heat
  • CoolingElectric Cooling
  • Parking4
  • Tax amount$1,245.00
  • Tax year2014
  • MLS® IDA10291924

Listing Courtesy of Cesar Balbin

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“Working with Alex and team was an absolute pleasure. Their knowledge of the market conditions is unparalleled. It's refreshing to work with someone so professional and polished. We could not be happier with the results!”

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