1820 NE 56th Street

Fort Lauderdale, FL 33308
$1,325,000
PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOMERead MoreRead Less
Courtesy of Ram Almog, Berkshire Hathaway Florida Realty, 561-981-9400.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi Family
Lot Size
0.19 Acres
Year Built
1965
MLS Number
B26052376
30 Days Snapshot Of 33308
$812k
-6%
(avg) sold price
66
+29%
homes sold
90
+9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: City Street, City/County Maintained, City, Road Responsibility: Public Maintained Road
Building
Construction Materials: Brick, CBS Construction, Slab Construction, Stucco, Sheet Rock, Levels: 2, Stories: 2, Year Built: 1965, Year Built Details: Resale, Building Area Total: 4588, Building Features: Laundry Facility, Laundry Facilities, Structure Type: Multi Family
Community
Units In Community: 6
Cooling
Cooling: Central Air, Electric
Fence
Fencing: Fenced
Floors
Flooring: Ceramic Floor, Tile
Water Features
Water Source: "Public"
Heating
Heating: Central, Electric
Income
Gross Income: $117,600, Net Operating Income: $74,600
Lot
Acres: 0.19, Features: Corner Location, Corner Lot, Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced
Miscellaneous
Inclusions: Building Only, Business And Building
Parking
Parking Total: 9, Features: Assigned, Guest
Property
Leasable Area Units: Square Feet
Roof
Roof: Comp Shingle Roof, Composition Roll, Shingle
Security Features
Features: Smoke Alarm, Smoke Detector(s), Smoke Detector, TV Camera, TV Monitor
Sewer
Sewer: Public Sewer, Public Sanitation, Sewer
Taxes
Parcel Number: 494213063170, Tax Annual Amount: $19,814, New Taxes Expense: 19814, Tax Legal Description: CORAL RIDGE ADD B 41-47 B LOT 1 BLK 16, Tax Year: 2025
Utilities
Electric On Property YN: t, Electric: Other Electric, Separate Meters, Utilities: Other Utilities Available, Other, Sewer Available, Water Available
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