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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.

Overview

Property Status
For Sale
MLS ID
A12048001
Property Type
Multi-Family
Year Built
1966

Features & Amenities

Total Area
2,779 Sq.Ft.
Neighborhood
Fort Lauderdale
Stories
1
Utilities
Cable Available
Roof
Shingle
Lot Features
Interior Lot
Heat Type
Separate Meters, Wall Furnace
Air Conditioning
Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Laundry Room
Outside
Sewer
Public Sewer
Other Exterior Features
Outdoor Living Area
Elementary School
Harbordale
Middle School
Sunrise
High School
Fort Lauderdale
Sales Price
$1,275,000
Real Estate Tax
$23,972/yr
Zoning
RC-15

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1634 NE 4th Place

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for your interest in 1634 NE 4th Place, Fort Lauderdale, FL 33301

1634 NE 4th Place
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  • Property is offered 'AS-IS' and is ideal for an experienced investor looking to finalize the compliance process.

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