1329 Ne 5th Avenue, Fort Lauderdale, FL 33304

$975,000
: 1,790
SqFt

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List Price: $975,000
Price Change: ▼ $224,000 1793856990
MLS: B26068409
Status: ACTIVE
Type: Multifamily
Living Area: 1,790

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Property Description

PRICE WAS AGGRESSIVELY REDUCED IN ORDER TO CAPTURE SERIOUS MARKET ACTIVITY. AMAZING RENTAL FOURPLEX INVESTMENT OPPORTUNITY ON THE EAST SIDE OF FORT LAUDERDALE. THIS OUTSTANDING PROPERTY HAS TWO (2) BUILDINGS. THE MAIN BUILDING HOUSES THREE (3) RENTAL UNITS CONSISTING OF A MODERN ONE (1) BEDROOM ON THE SECOND (2) FLOOR, AND TWO (2) STUDIOS ON THE FIRST FLOOR. THERE IS A MODERN ONE (1) BEDROOM COTTAGE, FULLY FENCED WITH PRIVATE FRONT PATIO AND LAWN. ROOF OF BOTH BUILDINGS APPROXIMATELY THREE (3) YEARS OLD. THIS IS AN ATTRACTIVE OPPORTUNITY FOR AN INVESTOR LOOKING FOR STABLE CASH FLOW AND LONG-TERM APPRECIATION. THE PROPERTY IS MINUTES FROM WILTON MANORS; LAS OLAS BLVD; DOWNTOWN FT LAUDERDALE AND FT LAUDERDALE BEACH WITH CONVENIENT ACCESS TO THE I-95,'SHOPPING, DINING AND NIGHTLIFE. .

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Additional Information

Days on Market: 78
Style: Fourplex
Lot Size: 10,123
Exterior Features: Exterior Lights, Other
Year Built: 1958
Development Name: Progresso
#Stories: 1
Construction Type: Frame, Frame With Stucco