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- 5701 15th Street, Lauderhill, FL 33313
- MLS#: B26004393 ( Residential Income )
- Street Address: 5701 15th Street
- Viewed: 7
- 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
- DMCA Notice
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DescriptionTurnkey 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.
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Similar
Property Features
Possible Terms
- 1031 Exchange
- Cash
- Conventional
- FHA
Close Date
- 0000-00-00
Cooling
- Other
Exterior Features
- None
Fencing
- None
Flooring
- Tile
Heating
- Other
Legal Description
- FERN SUB NO ONE 55-5 B LOT 6 BLK 10
Parcel Number
- 494135062030
Pets Allowed
- Yes
- No Restrictions
Property Type
- Residential Income
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2025
Tenant Pays
- None
Utilities
- None
Virtual Tour Url
- https://www.propertypanorama.com/5701-NW-15th-Street-Lauderhill-FL-33313/unbranded
Water Source
- Public
Year Built
- 1970
Zoning Code
- RM-8
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