Fort Lauderdale, FL 33304 1507 NE 5Th Ave
$924,998
26 more
Presented By: E PRO Realty -
Beds • 7
SQFT • 2,825
Home Details
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!
Presented By: E PRO Realty -
Interior Features for 1507 NE 5Th Ave
Other Interior Features
Internet YNYes
Num Ceiling Fans0
CableYes
Cooling DescriptionElectric Cooling
FlooringCeramic Floor, Tile Floors
Heating DescriptionElectric Heat
Stories1.0000
Total Units4
General for 1507 NE 5Th Ave
Approximate Lot Size6749
Area3370
Gated CommunityNo
Pool Y/NNo
Property TypeResidential Income
Property Type InformationAttached
REONo
Rent IncludesSewer, Trash Removal, Water
Section34
StyleFourplex
Subdivision Complex BldgPROGRESSO
Subdivision NamePROGRESSO
Type of AssociationNone
Type of PropertyFourplex
Water DescriptionMunicipal Water
Waterfront PropertyNo
Year Built1967
Year Built DescriptionResale
Zoning Information10 APART
Exterior for 1507 NE 5Th Ave
Construction TypeCbs Construction
Lot DescriptionLess Than 1/4 Acre Lot
Parking Spaces5
Roof DescriptionComp Shingle Roof
Sewer DescriptionMunicipal Sewer
Additional Details
Price History
Ann Marie Butler
Realtor®
