***TURNKEY 5 UNIT APARTMENT BUILDING IN TOP NOTCH LOCATION!*** Legal 5 unit apartment building in Lake Ridge neighborhood, just minutes from Flagler Village, FAT Village Arts District, Whole Foods, and the trendy 13th St corridor (Studio City) that has been seeing lots of revitalization. The property is fully leased and under professional management. An easy hands free investment. Consists of 4 x 1/1 apartments and a large 2/1 apartment with private garden. Over $7,500 in gross monthly income. Common coin-op laundry on site. Property is fully leased, kindly do not disturb tenants.
Sold for $1,099,900 on 12/15/22
$1,099,900
1240 NE 12th Ave, Fort Lauderdale, FL 33304
--beds
--baths
2,654sqft
Quadruplex
Built in 1960
-- sqft lot
$1,267,000 Zestimate®
$414/sqft
$3,748 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 01, 2023 at 05:42am
Listed by:
Chris Kennedy 954-260-2923,
Mayfair Real Estate LLC
Bought with:
Karen Suarez, 3299809
Brokers, LLC
Source: BeachesMLS ,MLS#: F10354502
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSFacts & features
Interior
Heating
- Window/Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Outside
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,654 sqft
Property
Parking
- Total spaces: 6
Features
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 6,751 sqft
- Dimensions: 0.155
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 494234030260
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Fort Lauderdale
- Subdivision: Lake Ridge
Other
Other facts
- Listing terms: Cash,Other
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Estimated market value
$1,267,000