$1,750,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
1400 NE 4 St Fort Lauderdale, FL 33301
7,452 Sqft Lot
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10386318
Sold Date 01/08/24
Construction Status Resale
HOA Y/N No
Year Built 1949
Annual Tax Amount $17,688
Tax Year 2022
Lot Size 7,452 Sqft
Property Description
Owner will hold 1st mortgage to qualified buyer with 40% downpayment - terms 6% interest, 5 yr balloon. Situated in one of Ft Lauderdale’s premier rental areas where rents are high and vacancies low! Prime corner lot in the heart of Victoria Park provides good exposure yet a garden terrace home feel for each all 6 apartments. Ideal unit sizes with four 1/1’s and two 2/1’s each offering appealing outdoor living space with private patios. Currently operating annually with long term tenants on a month to month basis after initial leases expired. Great quick upside potential with below market rents. Remodeling upgrades have been done to kitchen & bathrooms. Windows were replaced & accordion shutters added. Please drive by only, do not disturb tenants. Proof of funds to accompany all offers.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RC-15
Interior
Flooring Tile Floors, Wood Floors
Exterior
Waterfront No
Water Access N
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Self Proprietor/Individual
Security Features Fenced
Acceptable Financing Cash, Owner Financing
Listing Terms Cash, Owner Financing
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Bought with The Keyes Company