About 1640 Ne 4th Place
3 Unit apartment building. 1/1, 2/2 and 3/3. Walking distance to Las Olas. 100K of recent major renovations (Roof, HVAC, Electrical, Plumbing, Etc). For an investor, the appeal here is optionality. The building performs today as a stabilized long-term rental producing $98,400 in annual gross income. It also sits in a location that support licensed vacation rental use and estimated 170K in Airbnb revenue.
Features of 1640 Ne 4th Place
| MLS® # | B26068553 |
|---|---|
| Price | $1,190,000 |
| Square Footage | 3,491 |
| Acres | 0.15 |
| Year Built | 1971 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | New |
Community Information
| Address | 1640 Ne 4th Place |
|---|---|
| Area | 3270 |
| Subdivision | MIDDLE RIVER PARK |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33301 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air, Ceiling Fan(s) |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Composition, Shingle |
| Construction | Concrete, Stucco |
School Information
| Elementary | Harbordale |
|---|---|
| Middle | Sunrise |
| High | Fort Lauderdale |
Additional Information
| Zoning | RC-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | FlatFee.com |
|---|---|
| Phone | 954-965-3990 |