5832 Nw 23rd St, Lauderhill, FL 33313

List Price
$90,000
MLS
A12111114
Complex Name
L D C Estates
Status
ACTIVE
Type
Multifamily
Living Area
3,233

Property Description

ATTENTION INVESTORS! Incredible opportunity to own a high-performing income-producing fourplex in the high-demand rental market of Lauderhill. This solid concrete block building features four spacious, well-maintained units, each boasting an identical 2-bedroom, 1-bathroom layout with durable tiled flooring throughout. Designed for effortless management and low overhead, the property features separate electric meters for each unit, ensuring tenants pay their own electric utilities. Landlord expenses are minimized, primarily covering water and waste. A separate utility room provides added functionality on site. This turnkey asset offers massive cash-flow potential with strong rental demand in the immediate area. Investors can expect an estimated gross monthly rental income at full market stabilization. Enough parking space for tenant and to have a guest with no issue or concerns. Positioned in a prime, central Broward County location with effortless access to the Florida Turnpike, major highways, and public transportation. Tenants will love being minutes from local shopping centers, diverse dining options, schools, and parks. Do not miss out on this ready-to-go cash cow. Please do not disturb tenants. Showings are available by appointment only. solid concrete block building features four spacious, well-maintained units, each boasting an identical 2-bedroom, 1-bathroom layout with durable tiled flooring throughout.

Additional Information

Days on Market
0
Style
Quadruplex, Fourplex
#Parking Spaces
8
Year Built
1973
Development Name
L D C Estates
#Stories
1
Construction Type
CBS Construction
Section
26

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Listing Courtesy of Pines Real Estate & Investment, Contact: