$975,000
Multifamily for sale4040 NW 31st Ter, Lauderdale Lakes, FL 33309 Great investment opportunity! 5 unit building in the heart of lauderdale lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus studio/efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water heater and ac units replace within 5 years. Roof is in good condition with no leaks.
Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..