1212 NW 5 Ave #1-2

    Fort Lauderdale, FL 33311
    • $349,900
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: F10200835
    UPDATED: 38 min ago
    $349,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    Great cap rate investment property now available! This charming two story duplex on a over size lot is centrally located just minutes to the beach, downtown, Las Olas, Wilton Drive & I-95. 2 two bedroom & 1 bath consists of a large living & kitchen/dining area down stairs w/ both bedrooms and bath upstairs. units both recently renovated with new windows, cabinets, counters, wood floors & baths, new asphalt driveway all for a trouble free ownership. Both sides have storage closet with washer/dryer hookups. Separate meters for tenants electric. Currently both sides are under a one year lease to Section 8 tenants (guaranteed rent!!) each paying $1350/month. Landlord pays water and lawn. Pro-forma with the higher taxes puts this property in the 7-8 % CAP! TENANT OCCUPIED, DO NOT DISTURB!

    Monthly Payment Calculator



    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2019-11-21T19:18:07.44.

    www.castellihomes.com/homes/100302031

    1212 NW 5 Ave #1-2 Fort Lauderdale, FL 33311

    • Price: $349,900
    • Status: Active
    • Updated: 38 min ago
    • MLS #: F10200835
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1986
    Built
    Neighborhood:
    Progresso
    County:
    Broward
    Area:
    3390
    Property Description
    Great cap rate investment property now available! This charming two story duplex on a over size lot is centrally located just minutes to the beach, downtown, Las Olas, Wilton Drive & I-95. 2 two bedroom & 1 bath consists of a large living & kitchen/dining area down stairs w/ both bedrooms and bath upstairs. units both recently renovated with new windows, cabinets, counters, wood floors & baths, new asphalt driveway all for a trouble free ownership. Both sides have storage closet with washer/dryer hookups. Separate meters for tenants electric. Currently both sides are under a one year lease to Section 8 tenants (guaranteed rent!!) each paying $1350/month. Landlord pays water and lawn. Pro-forma with the higher taxes puts this property in the 7-8 % CAP! TENANT OCCUPIED, DO NOT DISTURB!
    Exterior Features

    Approximate Lot Size 6758 Construction Type Concrete Block Construction Exterior Features FenceRoom For Pool Lot Description Less Than 1/4 Acre Lot Parking Spaces 4 Pool No Property Type Information Stairs Roof Description Wood Shingle Roof Style Duplex Type Of Property Duplex Waterfront Property YN No Windows Treatment Blinds/Shades

    Interior Features

    Cooling Description Central Cooling Floor Description LaminateTile Floors Heating Description Central Heat

    Property Features

    Association Type None Cable Available No Development Name Progresso Geographic Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810) Information Available Copy Of Lease(S) Occupancy Information Tenant Occupied Possession Information Subject To Lease Rent Includes Trash RemovalWater REO No Sewer Description Municipal Sewer Short Sale No Subdivision Name Progresso Tax Amount 2757 Tax Information Tax Reflects City & County TaxTax Reflects No Exemptions Tax Year 2018 Terms Considered CashConventionalExchangeFha Total Units 2 Unit Count 2 Water Description Municipal Water Year Built Description Resale Zoning Information Rd-15

    This listing is courtesy of The Keyes Company.


    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2019-11-21T19:18:07.44.

     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305