Quadruplex Sold

499 NW 42nd St, Fort Lauderdale, FL 33309

$850,000
3,500
Property Description

Significant price improvement. Price per unit is tough to beat In the heart of Oakland Park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. BCPA says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the Aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one BR) and 6 (efficiency) were at one time a 2 BR 2 Bath unit and could be put back as a two bedroom with little work.

Basic Details
Listing Type : Sold
Price : $850,000
Square Footage : 3,500
Property Sub Type : Quadruplex
Features
: Electric
Fourplex
Public Sewer
None
Tile
None
Composition, Shingle
Location
US
FL
Broward
Fort Lauderdale
33309
3720
499 Nw 42nd St, Fort Lauderdale, Florida 33309
Extended Details
Virtual Tour URL
Prospect Gardens 22-26 B
09.05.2024
Block
Cable Available
1/4 to 1/2 Acre Lot
09.05.2024
765000
3
$0
Charles Rutenberg Realty FTL
Mike Biggie
One
Closed
2024-06-28
Gardener
2024-09-05T14:39:15Z
1
15720
Beaches
Property TypeQuadruplex
StatusClosed
Listing IDF10448933
Year Built1969
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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