5311 Nw 16th St, Lauderhill, FL 33313

$699,900
2,250
SqFt

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List Price
$699,900
MLS
A12053115
Complex Name
Sunshine Villas
Status
ACTIVE
Type
Multifamily
Living Area
2,250

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.

Additional Information

Days on Market
14
Style
Triplex
#Parking Spaces
6
Year Built
1969
Development Name
Sunshine Villas
#Stories
1
Construction Type
Concrete Block Construction
Section
35

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Listing Courtesy of Realty One Group Evolution, Contact: