5881 Ne 18th Ave

$549,000, 2,472 Sqft

About This Property

4-Plex in East Fort Lauderdale! All units are rented with long term tenants and are currently month-to-month. The current rents are grossly underpriced for the area. The market rents for a 1/1 in the area is approx $1050-$1300 and for $1200-$1400 for a 2/1. This building has the potential to bring in approx 60k/Year once revitalized. All individual electric meters and one master water meter. Plenty of parking. Close proximity to the beach, highways, and shopping.

Essential Information

MLS® #F10166615
Price$549,000
Bathrooms0.00
Square Footage2,472
Acres0.00
Year Built1962
TypeResidential Income
Sub-TypeFourplex
StyleAttached
StatusActive-Available

Community Information

Address5881 Ne 18th Ave
Area3350
SubdivisionCoral Ridge Isles 45-47 B
CityFort Lauderdale
CountyBroward County
StateFL
Zip Code33334-6055

Amenities

Parking Spaces7

Interior

HeatingWindow/Wall
CoolingWall/Window Unit Cooling
# of Stories1
Stories1

Exterior

Lot DescriptionLess Than 1/4 Acre Lot
RoofComp Shingle Roof
ConstructionConcrete Block Construction

Additional Information

Days on Market163
ZoningRMM-25

Listing Details

OfficeRE/MAX Preferred

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