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33446905
33446906

1420 NW 5th Avenue NW, Fort Lauderdale, FL 33311

Phoenix Real Estate
Listed by Phoenix Real Estate
$565,000
28 days on market
Updated 9 days ago

1420 NW 5th Avenue NW

Details
APN 494234022840
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,615
Units 2
NOI $38,200
Year Built 1950
Stories 2
Acreage 0.230
Zoning RDS-15

Multifamily | 2 Units

Marketing description

TWO HOMES ON ONE HUGE LOT. MAIN HOUSE IS A 2/2 AND SMALL HOUSE IS A 1/1. MAIN HOUSE NEW ROOF IN 2023. PROPERTY IS IN EXCELLENT CONDITION. BACK YARD IS HUGE. INVESTORS WELCOME RENTS SHOULD BE 2800 FOR THE MAIN HOUSE AND 1600 FOR THE 1/1. GREAT AREA CLOSE TO BEACHES AND SHOPPING. BOTH HOMES HAVE W/D HOOK UPS. NEWER OUTSIDE PAINT AND BOTH FLAT ROOFS HAVE BEEN COATED TO MAINTAIN THEIR HEALTH. THIS IS A MUST SHOW AND WILL NOT LAST LONG.
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Phoenix Real Estate
Listed by Phoenix Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$38,200.00
$3,183.33/mo

Valuation Metrics

0
DSCR
6.76%
Cap Rate
6.76%
ROI

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