1820 NE 56th Street

Fort Lauderdale, FL
Square Ft.
4,588
$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 INCOME… Read MoreRead Less
Courtesy of Berkshire Hathaway Florida Rea 561-981-9400
Listing Snapshot
Days Online
112
Last Updated
Property Type
Multi Family
Square Ft.
4,588
Lot Size
0.19 Acres
Year Built
1965
MLS Number
B26052376
Additional Details
Property Access
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Building
Built in 1965, 2 stories, Construction Materials: Brick, CBS, Stucco
Cooling
Central Air, Electric
Fence
Back Yard, Fenced
Floors
Ceramic Tile, Tile
Foundation
Slab
Heating
Central, Electric
Income
Gross Income: $117,600, Net Operating Income: $74,600
Lot
0.19 acres, Corner Lot
Parking
9 total parking spaces, Assigned, Guest
Property
Resale
Roof
Composition, Shingle
Security Features
Closed Circuit Camera(s), Smoke Detector(s)
Sewer
Public Sewer
Taxes
Parcel Number: 494213063170, Annual Amount: $19,814, Legal Description: CORAL RIDGE ADD B 41-47 B LOT 1 BLK 16, Year: 2025, Zoning: RMM-25
Tenant Pays
Cable TV, Electricity
Utilities
Sewer Connected, Water Connected, Water Source: Public, Separate Meters, 7 separate electric meters
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Monthly Payment
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Sarah Thornton
Realtor
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