1109 6Th Ave Fort Lauderdale, FL 33304
This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable East Fort Lauderdale area, at an asking price of $890,000. Built in 1973, this single-story triplex has undergone a complete renovation, boasting brand-new vinyl flooring, modern kitchen cabinets, granite countertops, and updated appliances throughout all three units. Each unit benefits from impact windows, enhancing security and peace of mind for both owners and tenants. Tenant convenience is maximized with an on-site coin-operated laundry facility. The property also features ample parking, meticulously maintained landscaping, and a history of strong tenancy. Its prime location offers easy access to downtown Fort Lauderdale, the Galleria Mall, Wilton Drive's vibrant atmosphere, and the beautiful beaches, making it highly attractive to renters. This property is situated at 1109 NE 6th Ave, Fort Lauderdale, FL 33304, within Broward County. The strong rental income potential and desirable location combine to create a robust investment opportunity with a high cap rate. This renovated triplex offers worry-free ownership and significant return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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