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Property view

1831 NE 56th St, 
Fort Lauderdale, FL 33308

$825,000


Bed


Bath


2,734

Sq Ft


Multi-Family

Sold

Listed by

Philip Filonenko

Bought with Grand State Realty

Grand State Realty

MLS#

A11525023

Source:

SEFMLS

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About This Home

1831 NE 56th St

Prime investment opportunity in a desirable Ft. Lauderdale location! This 4-unit multifamily property boasts a diverse unit mix: 2 spacious 2-bedroom apartments, 1 efficiency unit, and 1 1-bedroom unit currently occupied by the maintenance staff (with subsidized rent). Enjoy recent updates like new PVC plumbing and AC units. Plus, 5 assigned parking spaces add convenience. Surrounded by top-rated public and private schools within walking distance! With rents significantly below market rates, this property offers tremendous upside potential. Renovate and achieve potential rental income of approximately $7700/month. Don't miss out on this excellent value-add investment opportunity!"

Home Facts

Multi-Family

Built in 1966

Price Summary

900,000

$329 per Sq. Ft.

MLS #:

A11525023

Sold:

April 15, 2024


Rooms & Interior

Interior

Living Area:

2,734 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

2,734 Sq. Ft.

Year Built:

1966


Finances & Disclosures

Finances

Price:

$900,000

Price per Sq. Ft:

$329 per Sq. Ft.

Source:SEFMLS
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.