About this home
Land with income in an area ripe for redevelopment! Fully rented 2 story CBS 6 unit multifamily property centrally located in the rapidly changing Sistrunk neighborhood of Fort Lauderdale. Property consists of 6: 2 bed 1 bath units. All units currently rented bringing in $9800/m total. Sits on 10,125sq/ft lot zoned RMM-25. Lots of potential for redevelopment with income to cover carrying cost. See attachments for current rent roll. READ BROKER REMARKS.
Listing last checked: Listing updated:
Listed by Daniel J Letourneau · Homeinc Realty LLC · MLS #F10546525
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Details at a glance
Interior1 property facts
- Heating
- None
Building4 property facts
- Style
- Multi Family
- Year built
- 1960
- Parking
- 9
- Roof
- Composition, Shingle
Land & utilities4 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RMM-25
Financial2 property facts
- Annual taxes
- $2,869
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $1,349,990 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,065 / monthAdjust
- Principal & interest
- $6,826
- Property tax
- $239
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,869. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 751 NW 5th Street
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