5807 Sw 25th St Unit #1-18, West Park, FL 33023

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List Price
$2,990,000
Days on Market
228
MLS#
A11977304
Year Built
1955
Lot Size
12,754

Property Description

We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Additional Information

Taxes
$39,452
Community Features
Not Found
Zoning
TOC
Heating
Wall/Window Units
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Concrete Block Construction
Roof
Built-Up

Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact:

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