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  • MLS#: B26004393 ( Residential Income )
  • Street Address: 5701 15th Street
  • Viewed: 6
  • Price: $650,000
  • Price sqft: $288
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 2260
  • Days On Market: 3
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Lauderhill
  • Zipcode: 33313
  • Subdivision: Fern Sub No One
  • Provided by: Bank On It Realty
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  • Description
    Turnkey triplex investment in Lauderhill offering immediate cash flow and strong rental demand. Fully occupied 3 unit property featuring (2) 2BR/1BA and (1) 1BR/1BA units (~753 SF avg). Recent upgrades include roof, electrical, plumbing, and impact windowsminimizing near term capital expenses. Individually metered units provide efficient, low cost operations. Current rents ~$1,500 (1BR) and $1,600 $1,700 (2BR) with market rents up to ~$1,700 and $2,000, offering ~18%+ upside. Owner occupies one 2BR unit to be delivered vacantideal for FHA or cash buyers. Priced at $650,000 with ~6.08% cap rate and ~$39,492 NOI, this is a strong value add opportunity in a stable Broward County submarket.
Property Features
Possible Terms
  1. 1031 Exchange
  2. Cash
  3. Conventional
  4. FHA
Close Date
  1. 0000-00-00
Cooling
  1. Other
Exterior Features
  1. None
Fencing
  1. None
Flooring
  1. Tile
Heating
  1. Other
Legal Description
  1. FERN SUB NO ONE 55-5 B LOT 6 BLK 10
Parcel Number
  1. 494135062030
Pets Allowed
  1. Yes
  2. No Restrictions
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Tenant Pays
  1. None
Utilities
  1. None
Virtual Tour Url
  1. https://www.propertypanorama.com/5701-NW-15th-Street-Lauderhill-FL-33313/unbranded
Water Source
  1. Public
Year Built
  1. 1970
Zoning Code
  1. RM-8