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1820 Ne 56th Street

Fort Lauderdale, FL 33308

About this property

PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOME FROM COIN-OPERATED LAUNDRY ROOM. PERFECT FIT FOR 1031 EXCHANGE, SAVVY INVESTORS, OR OWNER-OCCUPIERS. FREEDOM OF NO HOA AND NO RENTAL RESTRICTIONS. FEATURING A NEW ROOF (2021), NEW WASHER/DRYER, AND ALL CENTRAL A/C SYSTEMS (MOSTLY 1-4 YEARS NEW). UP TO DATE WITH ALL 40/10-YEAR RECERTIFICATIONS COMPLETED. --- DO NOT DISTURB TENANTS.---

About this property

PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOME FROM COIN-OPERATED LAUNDRY ROOM. PERFECT FIT FOR 1031 EXCHANGE, SAVVY INVESTORS, OR OWNER-OCCUPIERS. FREEDOM OF NO HOA AND NO RENTAL RESTRICTIONS. FEATURING A NEW ROOF (2021), NEW WASHER/DRYER, AND ALL CENTRAL A/C SYSTEMS (MOSTLY 1-4 YEARS NEW). UP TO DATE WITH ALL 40/10-YEAR RECERTIFICATIONS COMPLETED. --- DO NOT DISTURB TENANTS.---

Features and Additional Information

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$1,325,000 Active Under Contract
4,588 sqft
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Berkshire Hathaway Florida Rea
1-561-981-9400
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Area Information

3350 | Broward County |

$ 1,325,000
This listing is play_arrow 454.4% higher than the average in the area
$ 239,000 in the area
4,588 SqFt
This listing is play_arrow 439.8% larger than the average in the area
850 SqFt in the area
$ 289 $/SqFt
This listing is play_arrow 2.7% more than the average in the area
$ 281 $/SqFt in the area
102 days on site
This listing is play_arrow 9.7% above the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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Listed By Ram Almog
Brokerage: Berkshire Hathaway Florida Rea

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