707 Ne 15th Street, Fort Lauderdale, FL 33304

$1,150,000
2,500
SqFt

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List Price
$1,150,000
MLS
F10554416
Complex Name
Norfolk Gardens Amd 15-38
Status
ACTIVE
Type
Multifamily
Living Area
2,500

Property Description

Turnkey 4-plex (configured as 5 income-producing units) generating approx. $8,400/month ($100,800/year) in gross income! Pride of ownership throughout with all units tastefully remodeled and featuring impact windows & doors. Private fenced yard, ample on-site parking, plus rear space with room for RV parking and potential additional income. Opportunity to add a pool to further increase rents and value. Annual expenses approx. $35K (taxes, insurance, maintenance). Strong cash flow asset in prime 33304 location just minutes to Las Olas, Downtown, Wilton Manors, Fort Lauderdale Beach, Galleria Mall, Brightline & FLL Airport. Excellent investment opportunity with upside! Back yard shed does not convey.

Additional Information

Days on Market
149
Style
Fourplex
Exterior Features
Fruit Trees
Year Built
1946
Development Name
Norfolk Gardens Amd 15-38
#Stories
1
Construction Type
Concrete Block Construction
Section
35

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Listing Courtesy of United Realty Group Inc., Contact: