BEDS0
BATHS
SQUARE FEET3,534
MLS#A11970170
STATUSActive With Contract
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONORIOLE ESTATES SEC 8
Property Description
Well-maintained 5-Unit Multifamily ? 100% Occupied. Excellent opportunity to acquire a stabilized, income-producing asset with 100% occupancy and strong rental history. This well-maintained 5-plex offers stable cash flow with long-term tenants in place and upside potential in rents where below market. All units have their own electric meter. Property improvements include a new roof (2021), updated main electrical distribution panel (2024), updated subpanels, and upgraded PVC plumbing, and newly asphalted parking lot. Unit mix includes 3- 2/1 and 1-2/2 and 1 efficiency currently leased at $1,000/month. Additional opportunity for income: Laundry connections and assigned parking spaces. This is a solid, turnkey multifamily investment with value-add opportunities and strong fundamentals. ZONE RM-16 & TAX INCENTIVE OPPRTUNITY ZONE. 50 YEAR INSPECTION COMPLETED.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Zoned
Fenced: Yes
Heating: Other
Home Style: Attached
Roof Type: Shingle
Taxes: $14,249
Year Built: 1972
Feature Descriptions
Crops Included Y/N: No
Days on Site: 56
Exterior: CBS Construction
Fencimg: Fenced
Flooring: Tile
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash
Lot: Less Than 1/4 Acre Lot
Parcel#: 494219152173
Patio/Porch: Patio
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Units: 5
Water: Municipal Water
Window: Partial Impact Glass
Listed By / Shown By
Listed By
Agency Name: Compass Florida, LLC
Agency Phone: 305-315-2396
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 3,264.13 per month $1,836.09 Principal & Interest $1,187.42 Property Tax $240.63 Homeowner's Insurance
4001 NW 31st Ave | MLS# A11970170
This multi-family property located at 4001 NW 31st Ave, Lauderdale Lakes, FL 33309 is currently listed for sale with an asking price of $825,000. Search Lauderdale Lakes real estate on www.realty100.com today.