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1701 - 1705 NE - 1705 12th Street 1-5

Fort Lauderdale , FL 33304

MLS#: F10346449

$1,100,000

Status: Closed
Listing number: F10346449
Listing provided by: Compass Florida, LLC
Listing agent phone: None
Last update: 24 days ago
On site: 3 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1952

Sq.Footage

N/A

This attractive multi family investment opportunity consists of a desirable breakdown of units. There is a charming free standing 2/2 cottage plus a 2/2 apartment, 2 one bedrooms and a studio. It offers the savvy investor an excellent return with decent rents and the tenants paying for ALL utilities. It is located in the prime rental neighborhood of Lake Ridge and surrounded by high end new construction buildings therefore providing the new owner the ability to add value as rents increase. It is situated near major retailers, the Galleria, dining, the beaches, port and airport which means employment is vast and varied so vacancy is almost non-existent. The property is well cared for and has recent improvements such as mostly impact windows, some new PVC plumbing and newer central AC's.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Assigned

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $12,098

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Water Source

    Public

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Richard N Salter , Compass Florida, LLC

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This attractive multi family investment opportunity consists of a desirable breakdown of units. There is a charming free standing 2/2 cottage plus a 2/2 apartment, 2 one bedrooms and a studio. It offers the savvy investor an excellent return with decent rents and the tenants paying for ALL utilities. It is located in the prime rental neighborhood of Lake Ridge and surrounded by high end new construction buildings therefore providing the new owner the ability to add value as rents increase. It is situated near major retailers, the Galleria, dining, the beaches, port and airport which means employment is vast and varied so vacancy is almost non-existent. The property is well cared for and has recent improvements such as mostly impact windows, some new PVC plumbing and newer central AC's.

1701 - 1705 NE - 1705 12th Street 1-5

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