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Sold for $775,000 on 11/30/23
  • $775,000

    2256-2262 NW 59th Ter, Fort Lauderdale, FL 33313

    8beds
    4baths
    3,315sqft
    Quadruplex
    Built in 1974
    -- sqft lot
    $862,800 Zestimate®
    $234/sqft
    $2,612 Estimated rent

    Owner options

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    $2,612/mo

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    $2,612/mo

    Rent Zestimate®

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    $5,250/mo

    Est. payment

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    $5,250/mo

    Est. payment

    What's special

    This exceptional income-generating gem offers a stable cash flow & immense potential for investors seeking to capitalize on a well-established rental property with substantial room for growth. The property has been meticulously maintained, three units have updated Kitchens with new appliances, AC & rented at $1750 per month (4th unit currently being updated) providing a turnkey solution for the discerning investor looking for immediate returns on their investment with ample room for rent increases in line with the local market trends. There is a Laundry Room on Premises not currently in use. Easy access to major thoroughfares, shopping, dining, parks, & more, ensuring its attractiveness to a wide range of tenants. BY Appointment only with POF, DO NOT DISTURB THE TENANTS!

    Zillow last checked: 8 hours ago

    Listing updated: December 01, 2023 at 08:07am

    Listed by:

    Lance Randall 954-214-8263,

    Keller Williams Elite Properties

    Bought with:

    Angela Passmore, 3347774

    Passmore Homes Realty Group LLC

    Source: MIAMI,MLS#: A11440578MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 3,315
    • Total interior livable area: 3,315 sqft

    Property

    Parking
    • Total spaces: 7
    Features
    • Stories: 1
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Oversized Lot
    Details
    • Parcel number: 494126110130
    • Zoning: RM-22

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction, CBS Construction, Stucco
    • Roof: Flat Roof With Facade Front
    Condition
    • Updated/Remodeled
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Fort Lauderdale
    • Subdivision: L D C Estates

    Other

    Other facts
    • Listing terms: All Cash,Conventional,FHA-Va Approved,Owner Will Carry
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    Estimated market value
    $862,800