Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,900,000
1 Bed
- 1 Bath
4,753sqft
842 Nw 1St Ave, Fort Lauderdale, FL 33311
$1,900,000
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Quadruplex
Built in 1973
$-- HOA
-- sqft lot
$400/sq.ft
Description
Rare opportunity to acquire an 8-unit multifamily in Progresso Village, just off Andrews Ave and Sunrise Blvd in Downtown Fort Lauderdale. The property offers eight 1-bed/1-bath units with modern interiors, impact doors, separate meters, and upgrades including new kitchens, stone counters, walk-in closets, vanities, light fixtures, and cabinets. Currently 7 units are leased with 1 recently renovated and vacant, generating $146,568 gross income with upside as rents renew. Sitting on a 10,000 SF lot zoned RMM-25 and in process of rezoning to NW RAC, the site offers potential to double the unit count. With rare seller financing at 5.5% interest-only, this investment delivers...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1973
HOA Fees
-
Finished Area
4,753 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Miami MLS
MLS Number
A11831358
MLS Status
Active
Days on Market
169
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