$415,000
$450,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
1011 NE 17th St Fort Lauderdale, FL 33305
2,142 SqFt
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,142 sqft
Price per Sqft $193
Subdivision Lauderdale Park 6-33 1/2
MLS Listing ID F10128972
Style Triplex
Year Built 1971
Annual Tax Amount $4,938
Tax Year 2017
Property Description
No doubt about it the rents are so far below market that they're almost non-existent! The GOOD news is that the tenants are all on month to month leases! One bedroom units in the neighborhood are renting for between $1,100-$1,400. Two bedroom one bath units in the neighborhood rent for between $1,250-$1,700. The owner is a soon to be retired social-worker who couldn't bear to raise the rent on tenants who had become his friends. YOU won't have that problem! This is a cash cow waiting to be milked!
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning RM-15
Interior
Heating Electric Heat
Cooling Ceiling Fans, Electric Cooling
Flooring Tile Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Building
Lot Description Less Than 1/4 Acre Lot
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Others
Acceptable Financing Assumption, Cash, Owner Financing
Listing Terms Assumption, Cash, Owner Financing
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