Progresso
$1,389,000
1717 NE 12th St, Fort Lauderdale, FL 33304
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 01/30/2025
2,664 sqft
Building Size
4
Units
Details:
Building Size: 2,664 sqft
Units: 4
Year Built: 1962
Floors: 1
Parking Spots: 10
Gross Leaseable Area: 2,664
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Building Features: Laundry Facility
- Documents Available: Accounting Statements
- Architectural Style: Attached
- Cooling: Ceiling Fan(s), Electric
- Heating: None
- Flooring: Ceramic Floor, Parquet
Description:
Unique opportunity to own a LEGAL 6-UNIT building + a Laundry room, large corner lot located in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated . New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 5.1%. Less than 2 miles to Fort Lauderdale Beach!
Location
Gallery
