Multifamily in Fort Lauderdale, FL 33308

Coral Highlands, 2051 NE 56th St

Great Turn Key Investment/income producing triplex, located in a highly sought-afterlocation of Imperial Point. Short distance to Publix, Walgreens and hospitals. Theproperty has undergone extensive renovations over the last few years but, most recently $100Kwas invested into the upgrading of all 3 apartments and fully updating landscaping.Reno's and upgrades consist of, Newer roof-replaced 2013, 3 new air conditions 2017. Most recent updates in 2018 include; hurricane impact windows and doors (throughout), all 3 apartments have new tile flooring, new 1” wood mini blinds in all windows, new vertical blinds in sliding doors. See supplemental remarks for more info. By Appointment ONLY, Please Do Not bother tenants and PLEASE NO TRESPASSING. New interior doors and all ceilings have been scrapped of popcorn and smoothed out. Interior of each apartment has been professionally painted.Apt. 1 Full bathroom renovation; new tub with glass subway tile surround, new toilet, mirror, lighting with dimmer switch and vanity. Kitchen has new granite counters with undermount stainless steel sink with pull out faucet, full-size stainless-steel appliances and recessed lighting with dimmer switch, ceiling fans in living room and bedroom. Water heater less then 3 yrs. oldApt. 2 Kitchen has granite counters with undermount stainless steel sink with pull out faucet, glass subway tile backsplash, stainless steel appliances, recessed lighting with dimmer switch. New carpet in both bedrooms, both bathrooms have new glass top vanity’s and lighting with dimmer switches, new ceiling fans in master bedroom and living room, bedroom closet doors are mirrored, new light fixture in dining room with dimmer switch. Water heater approximately 4 years old.Both apartment 1 and 2 share a full-size washer and dryer, each apartment has private access.Apt. 3 Completely new kitchen includes; white shaker cabinets with soft close doors, granite counter tops with subway tile backsplash, stainless steel undermount sink with pull out faucet, recessed lighting with dimmer switches and stainless-steel appliances. Dinning room has new light fixture with dimmable switch, living room has new ceiling fan with light fixture, full size washer and dryer in the apartment, both bedrooms have mirrored closet doors and new ceiling fans with light and remote controlled, bathroom has new modern style vanity with soft close doors, new mirror and lig t fixture with dimmable switch, new toilet and bathtub with new tile and accent tile surround.** Per Fort Lauderdale building code each apartment has direct hard-wired smoke detectors.Exterior (all work completed 2018) New paint, irrigation system and timer, new sod, trees,bushes, rocks and boulders installed, 206’ new wood board on board fence surround back halfof property. Each apartment has own water shut off valves that have been replaced.Each apartment has own electric meter. Residents pay electric and if they choosecable/internet.Income:Unit 1. Is 1 Bd /1 Ba. Current rent is $975.00Unit 2 is 2Bd/ 2Ba. Current rent is $1700.00Unit 3 is 2Bd / 1 Ba. Current rent is $1600.00Net annual income $51,300Expenses:water and garbage avg. $360.00 mo.taxes in 2019 $8,471.42lawn service avg. $190.00 mo.