1509 NW 3rd Ave Pending

Fort Lauderdale,FL 33311

$ 699000

- Bed

0 Bath

2000 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $349

Subdivision Progresso

MLS Listing ID A11612556

Construction Status Effective Year Built

HOA Y/N No

Year Built 1938

Annual Tax Amount $10,189

Tax Year 2023

Contingent Pending Inspections

Property Description

Great investment opportunity in a booming neighborhood that could generate approximately $9,500 / month! Three legal units situated on a double lot. The main home is a 3 / 1, being operated as an AirBnB that could generate approximately $5,500 per month. Fenced backyard area, central AC, and recently renovated. The 2nd unit is a 1 / 1 with an additional room, backyard, renovated kitchen, and new central AC system. This unit is currently rented at $1,600 per month. The 3rd unit is a studio recently rented to a mid-term tenant at $2,000 per month, but could generate approximately $2,500 per month as a short-term rental. There are approximately 6 off-street parking spaces. Units 1 and 3 are fully furnished. Shared washer/dryer for property. Huge revenue and future development potential!

Location

State FL

County Broward

Community Progresso

Area 3390

Interior

Heating Central

Cooling Central Air,Ceiling Fan(s),Wall/Window Unit(s)

Flooring Laminate,Tile,Vinyl

Exterior

Exterior Feature Fence,Fruit Trees,Lighting,Patio

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Roof Type Flat,Shingle

Porch Patio

Total Parking Spaces 6

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Frame,Stone,Wood Siding

Construction Status Effective Year Built

Others

Tax ID 494234016180

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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