5311 Nw 16th St, Lauderhill, FL 33313
- $699,900
- 2,250
- SqFt
- List Price
- $699,900
- MLS#
- A12053115
- Sq. Ft
- 2,250
- Subtype
- Triplex
- County
- Broward
- Community
- Sunshine Villas
- Subdivision
- Sunshine Villas
- Year Built
- 1969
Property Description
Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 3
- Construction
- Concrete Block Construction
- Cooling
- Wall/Window Unit(s)
- Flooring
- Tile
- Heating
- Window/Wall
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $13,803
- Total Floors
- 1
- Stories
- 1
- Roofing
- Shingle
- Price Per Sqft
- $311
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Listing Courtesy Of Realty One Group Evolution, Contact: