Multifamily in Fort Lauderdale, FL 33311
South Middle River, 1142 NW 6th Ave #1-2

$700K7.1%
$650,000
2,213
SqFt
Status
OFF MARKETExpired
Size
2,213 SqFt (206 m2)
Price
$294/SqFt ($3,162/m2)
Type
Multifamily
Built
1973
MLS Number
F10461445
On Site
724 Days
Updated
660 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1973
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-09-17T14:38:28.000-00:00
          Taxes, Fees & More
          • Taxes: 8134
          • Total Units in Building: 3

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          Price History

          Current
          $650K
          High
          $700K
          Low
          $650K
          Total Change
          -7.1%
          $706K$675K$644KSep 24Oct 24
          Date
          Event
          Price
          Change
          Price Per
          10/29/2024
          Price Reduced
          $650K
          -7.14%
          $294 ft2
          $3,162 m2
          09/17/2024
          Listed
          $700K
           
          $316 ft2
          $3,405 m2
          10/29/2024
          $650K
          Event
          Price Reduced
          Change
          -7.14%
          Price Per
          $294 ft2
          $3,162 m2
          09/17/2024
          $700K
          Event
          Listed
          Price Per
          $316 ft2
          $3,405 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Judith Dortival • United Realty Group Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Somewhat Walkable. Some errands can be accomplished on foot
          67

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          43

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          63

          100
          Sound Score®
          Very loud
          74

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          2 – 7 BR
          Bedrooms
          $140K – $2.5M
          Price Tier
          664 - 7,318
          SqFt Range
          1954
          Year Build
          1
          Total Floors

          Subdivision Amenities

          None

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          South Middle River Communities in Fort Lauderdale, FL