Basic Information
- MLS # F10489456
- Type Duplex / Quad Plex / Triplex
- Subdivision/Complex Progresso
- Year Built 1967
- Total Sqft 2,825
- Date Listed 02/28/2025
- Days on Market 82
CASH FLOW FOR SALE! Four-plex in East Fort Lauderdale (Blocks from Wilton Manors). Professionally Managed property w/stable long-term tenants. This has been a cash cow for the owner for years. Insurance, electric, water, sewer, trash & RE taxes total $22,000. Unit #1 $1700/mo. Lease ends 11/14/25 Unit #2 $1700/mo. Lease ends 1/31/26 Unit #3 $1400/mo. Lease ends 11/30/25 Unit #4 $1700/mo. Lease ends 2/28/26 There is Coin-op laundry on Site that brings in Approx.. $150/month, Property total monthly cash flow =$6,650, or $78,000 per year. Please Do not walk the property–tenants are unaware for sale. *Showings ONLY available after an ACCEPTED OFFER* This is a strong income producing asset in high-demand rental market. Ideal for investors seeking steady returns w/minimal management hassle!
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 2,825Sq.Ft
- Sqft 2,825 Sq.Ft
Property Features
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Progresso
- Tax Amount $3,480
- Tax Year 2013
1507 NE 5th Ave
Fort Lauderdale, FL 33304Similar Properties For Sale
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The multiple listing information is provided by the GREATER FORT LAURDERDALE REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present GREATER FORT LAURDERDALE REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: E PRO Realty
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