Middle River Terrace Multi_familys For Sale


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$1,425,000
$1,424,999
Middle River Terrace
1106 NE 5th Ave, Fort Lauderdale, FL 33304
MLS# A11685074
N/A
Beds
N/A
Baths
3,754
SqFt
0% Decrease (-$1)
N/A
Garage
$380
$/SqFt
If you're looking for a fantastic investment opportunity in a prime location, this property is for you! Presenting a well-maintained building with 5 legal units located in the sought-after lake ridge area of fort lauderdale. Rental income:3 one-bedroom units rented at $1,800/m, 2 two-bedroom units rented at $2,400/m. All units currently leased on one-year leases. Recently replaced roof in 2020. 40-year certification passed and up-to-date. 6 electric meters and 1 water meter. Coin-operated washer and dryer. Each apartment has designated private parking. Perfectly situated just minutes away from las olas blvd, victoria park, and flagler village. Proximity to numerous shopping, dining, and entertainment options, making it attractive to potential tenants.
United Realty Group Inc

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Scores
Walk Score®

Very Walkable. Most errands can be accomplished on foot.

89

100

Transit Score®

Some Transit. A few nearby public transportation options.

45

100

Bike Score®

Very Bikeable. Biking is convenient for most trips.

78

100

Sound Score®

Very loud.

70

100

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