5311 NW 16th Street, Lauderhill, FL 33313
- $699,900
- 2,250
- SqFt
- List Price
- $699,900
- Days on Market
- 14
- MLS#
- A12053115
- Foreclosure
- Yes
- Year Built
- 1969
- Living Area
- 2,250
- MLS Area Major
- 3750
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
- Taxes
- $13,803
- Utilities
- Cable Available
- Heating
- Separate Meters, Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Roof
- Shingle
- Elementary School
- Plantation
- Middle School
- Lauderhill 6-12
- High School
- Boyd H. Anderson
Listing courtesy of Realty One Group Evolution. Contact: