Basic Information

  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Progresso
  • Year Built 1967
  • Total Sqft 2,825
  • Date Listed 02/28/2025
  • Days on Market 67
Description

CASH FLOW FOR SALE! This is an easily managed four-plex in East Fort Lauderdale (Blocks from Wilton Manors). Clean & well-maintained property. Stable, established long-term tenants. Coin-op laundry brings in APPROX. $150/month, for a total monthly cash flow of $$6,650, or $78,000 per year. This has been a cash cow for the owner for years, and now it can be yours. Not a short sale or foreclosure. (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

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 2,825Sq.Ft
  • Sqft 2,825 Sq.Ft

Property Features

  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Progresso
  • Tax Amount $3,480
  • Tax Year 2013

1507 NE 5th Ave

Fort Lauderdale, FL 33304

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: E PRO Realty. tel: (954) 306-2829

Real Estate IDX Powered by: TREMGROUP