Fort Lauderdale, FL 33311,1142 NW 6th Ave
Fort Lauderdale, FL 33311,1142 NW 6th Ave
Fort Lauderdale, FL 33311,1142 NW 6th Ave
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$650,000
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2,213 SqFt
Price Dropped by $50K

1142 NW 6th Ave Fort Lauderdale, FL 33311

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UPDATED:

11/20/2024 02:14 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,213 sqft

Price per Sqft $293

Subdivision Progresso

MLS Listing ID F10461445

Style Duplex

Construction Status Resale

HOA Y/N No

Year Built 1973

Annual Tax Amount $8,134

Tax Year 2023

Property Description

Investment opportunity in a desirable area with strong rental demand! This well-maintained duplex has successfully operated as a TRIPLEX to maximize rental income. Currently fully occupied, this property offers immediate rental income potential with long-term month-to-month tenants who are paying below market value, presenting a significant opportunity for increased returns. (2/2 - $1700, 2/1 - $1500, Eff - $1100) (Total rent = $4300) (~8% CAP RATE) Roof less than 5 years old. Central air w/ additional AC units. Newly installed impact windows.

Location

State FL

County Broward County

Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810)

Zoning RD-15

Interior

Heating Window/Wall

Cooling Central Cooling, Wall/Window Unit Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 1.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA


BeachesMLS Matrix (RAPB-F prefix)
Listed by United Realty Group Inc

Learn More About LPT Realty

Jennifer Royal

Agent | License ID: SL3520971

+1(561) 309-6370

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1142 NW 6th Ave