848 NW 2nd Ave, Fort Lauderdale FL 33311

Description

HOT AREA! This legal FIVEPLEX consists of three 1/1 & two Studios. A unique property to own in booming and developing Progresso Village, close to downtown Ft Lauderdale. AirBnB potential, no rental restrictions! Adjacent to the popular 'ALDI' supermarket & WAWA. Newly built Townhomes, new construction, rezoning and development nearby. This property is worth its land value many times (zoned RMM-25)! Well maintained, tenants are long-term, on annual leases. FULLY OCCUPIED. The Yearly Rental Gross Income for 2022 was $74,856 & for 2023 was $85,982. Will continue to GROW! Complex has a Laundromat (one coin washer & dryer) generating extra income. Expenses include Lawn, Water, common electric, Insurance & Property Taxes. Tenants will NOT be disturbed. Proof of Funds MUST accompany offer!

This income/multifamily home located at 848 NW 2nd Ave, Fort Lauderdale FL 33311 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1973. 848 NW 2nd Ave, Fort Lauderdale FL 33311 is in Fort Lauderdale neighborhood Broward County.