$315,000
$360,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
1344 NW 1st Ave Fort Lauderdale, FL 33311
1,444 SqFt
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,444 sqft
Price per Sqft $218
Subdivision Progresso 2-18 D
MLS Listing ID F10251306
Sold Date 02/22/21
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1978
Annual Tax Amount $5,278
Tax Year 2019
Property Description
Great property in Wilton Manors area, close to downtown Fort Lauderdale. Newer Roof, kitchens in efficiencies as well as a privacy fence around the large corner lot. Owner pays all utilities from tenants. A real money maker, Current Potential Income $35,940, Vac & Coll $1078, Taxes $6000, Insurance $1500, Water $2400, Electric $2400, Lawn $1200, NOI $21,361, that's a 6% CAP rate at asking! Rates are extremely low, take advantage of this opportunity. Room to increase rents.
Location
State FL
County Broward County
Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)
Zoning RDS-15
Interior
Heating Central Heat, Window/Wall
Cooling Central Cooling, Wall/Window Unit Cooling
Flooring Ceramic Floor
Exterior
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with United Realty Group Inc