1634 Ne 4th Pl, Fort Lauderdale, FL 33301
- $1,275,000
- 2,779
- SqFt
- List Price
- $1,275,000
- Price Change
- ▼ $24,000 1789166952
- MLS
- A12048001
- Complex Name
- Middle River Park
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,779
Property Description
This Victoria Park fourplex features three one-bedroom, one-bathroom units and one three-bedroom, two-bathroom unit, offering a strong income stream with significant upside potential. Units 1, 2, and 3 have generated over $51,000 in actual revenue year-to-date. There is clear room to maximize total cash flow to current market rates, with projected proforma rents at $2,500 per month for the one-bedroom, one-bathroom layout in Unit 3, and $4,000 per month for the spacious owner-occupied layout in Unit 4. Located just minutes from Las Olas, downtown Fort Lauderdale, and the beach. The property is being sold strictly as-is.
/u.realgeeks.media/methodmiami/method_logo.png){kind=logo}
Additional Information
- Days on Market
- 92
- Style
- Quadruplex, Fourplex
- Special Information
- Completely Renovated, Substantially Remodeled
- #Parking Spaces
- 5
- Year Built
- 1966
- Development Name
- Middle River Park
- #Stories
- 1
- Construction Type
- CBS Construction
- Section
- 2
Mortgage Calculator
Listing Courtesy of Compass Florida, LLC, Contact: 954-336-5734