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Connie Salerno PA
Coldwell Banker Residential
Real Estate - Florida

901 East Las Olas Blvd - Suite 101

Fort Lauderdale, FL 33301
954-540-1808

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Listing 19 out of 2,160
$775,000 For Sale

15 & 19 NE 16th St
Fort Lauderdale, FL 33304

4 units | Multi Family Home - MLS# F10166862
Property Photo
1/11

Description

Approximately a 7.4% CAP, 2 LARGE Duplexes, SIDE-BY-SIDE with large courtyard, fully fenced property! There is a 5th unit that is part of Bldg 15's #2 unit, which is a studio.! Must be sold together! 5 units, 2 units have their own laundry machines & all units have separate water meters. Each unit feels like a little house, all tiled & all nicely updated in 2005. Roofs replaced in 2005. Minimum expenses: $45/month electric (for sprinkler system, well water), $90/month for lawn, $141.67/month (No Windstorm). Annual property taxes amount for parcel 1 is $4,308 and parcel 2 is $3,972.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • New Construction: Y
  • Listing Status: Active
  • County/Area: Broward County
  • Zip Code: 33304
  • Year Built: 1966
  • Subdivision/Neighborhood: Placido Place 11-43 B
  • Sq.Ft.: 3,592 sq ft
  • Units: 4 units
  • # of Parking Spaces: 10
  • Zoning: RDS-15
  • Area: 3370
  • Alt Unit Count: 4
  • Building Style: Fourplex
  • Cable Available YN: Yes
  • Complex Name: Placido Place 11-43 B
  • Construction Type: Concrete Block Construction
  • Cooling Description: Central Cooling, Paddle Fans, Wall/Window Unit Cooling
  • Development Name: 4 Units, 2 Duplexes
  • Directions: Andrews Avenue To NE 16 Street. Although This Address Is Northeast 16 Street, They Are On The West Side Of Andrews, Half A Block In From Andrews Ave. (Old Andrews Ave Was Used To Designate The Compass Part Of Address Years Ago). Do Not Bother Tenants!!!
  • Exp Incl Electric YN: Yes
  • Exp Incl Insurance YN: Yes
  • Exp Incl Lawn Maintenance YN: Yes
  • Exp Incl Retax YN: Yes
  • Exterior Features: Fence
  • Floor Description: Tile Floors
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Gross Rent Income: 628880
  • Heating Description: Electric Heat
  • Internet YN: Yes
  • Lot Description: Less Than 1/4 Acre Lot
  • Main Type: Residential Income
  • Model Name: And 19 NE 16 St.
  • Net Operating Income: 50866
  • Num Stories: 1.0000
  • Occupancy Information: Call Listing Agent
  • Property Type Information: Detached
  • Rent Includes: Lawn Care
  • Roof Description: Comp Shingle Roof
  • Separate Meter YN: Yes
  • Sewer Description: Municipal Sewer
  • Special Information: As Is, Disclosure, Flood Zone
  • Sprinkler Description: Auto Sprinkler, Well Sprinkler
  • Sq Ft Total: 3592
  • Total Expenses: 12014
  • Type Of Property: Fourplex
  • Water Description: Municipal Water
  • Year Built Description: New Construction
Courtesy of Fisher Bray Real Estate


Connie Salerno PA | 954-540-1808 | Contact Me
901 East Las Olas Blvd - Fort Lauderdale, FL 33301
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