Basic Information

  • MLS # A11525023
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Sold
  • Subdivision/Complex Coral Highlands Resub Blk
  • Year Built 1966
  • Total Sqft 2,734
  • Date Listed 02/02/2024
  • Days on Market 72
Description

Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff with subsidized rent. Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately 7700month. Dont miss out on this excellent value-add investment opportunity!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 2,734
  • Cooling Description Central Air,Ceiling Fans
  • Floor Description Tile
  • Heating Description Central,Electric
  • Sqft 2,734

Property Features

  • Aprox. Lot Size 2,734
  • Construction Materials Block
  • Furnished Info No
  • Listing Terms Cash,Conventional,1031 Exchange,FHA
  • Lot Description 14 Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Coral Highlands Resub Blk
  • Tax Amount $13,252
  • Tax Information CORAL HIGHLANDS RESUB BLKS 1 2 46-13 B LOT 8 BLK 1
  • Tax Year 2023
  • Terms Considered Cash,Conventional,1031 Exchange,FHA
  • Type of Property Quadruplex

1831 NE 56th St

Fort Lauderdale, FL 33308

Similar Properties For Sale

The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Grand State Realty

Real Estate IDX Powered by: TREMGROUP