40
$1,585,000 Sale
Listed 1 day
1501 NE 7TH Avenue #1
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Key Facts
Key facts for 1501 NE 7TH Avenue #1
Property Type
Condo, Two-Story,Fourplex
Parking
-
MLS #
B26093017
Size
658 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$4,157 /yr
Days on Market
-
Year Built
1973
Maintenance Fee
$ 0/mo
Description
RARE 5-PLEX MULTIFAMILY INVESTMENT OPPORTUNITY IN FORT LAUDERDALE! Ideal for investors and 1031 exchange buyers seeking a renovated income-producing property in Middle River Terrace. UNIQUE FEATURE: Each of the 5 units has its own separate tax parcel ID, individual water and electric meters. Four 1B...R/1BA units and one 2BR/2BA, each with in-unit washer/dryer. Upgrades include impact windows, remodeled kitchens and bathrooms, updated flooring, new perimeter fence and second-floor exterior railings. Swimming pool, private outdoor areas, ample off-street parking and NO HOA! Convenient to Las Olas Boulevard, Wilton Manors, Downtown Fort Lauderdale, dining, shopping, and beaches. Strong rental income and long-term investment potential.
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Listing courtesy of: Douglas Elliman