
$699,900 USD
Apartment for Sale, 5311 NW 16th St, Lauderhill, Florida 33313
- MLS#A12053115
209 m² (2,250 ft²)
Listed By Realty One Group Evolution
The Apartment for Sale located at 5311 NW 16th St, Lauderhill, Florida 33313 is currently for sale. 5311 NW 16th St, Lauderhill, Florida 33313 is listed for $699,900.
Property features
Property
- Property size:
209 m² (2,250 ft²) - Location: Subdivision
Construction
- Year built: 1969
- Roofing: Shingle
- Construction: AttachedConcrete/Block
Interior Features
- Floors: Tile
Heating and Cooling
- Cooling system: Wall Or Window Units
Utilities
- Other utilities: Public Sewer
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.
Location
5311 NW 16th St, Lauderhill, Florida 33313