Lauderdale Lakes, FL Multifamily Homes For Sale

Excellent investment opportunity to acquire a fully occupied fiveplex with stable rental income centrally located in lauderdale lakes. The property consists of four 2-bedroom, 1-bathroom units and one studio unit, all currently rented with tenants in place under annual lease agreements. This income-producing asset offers investors immediate cash flow and long-term potential. Please note that the photos included in the listing are not recent; however, all units are reported to be in great condition and well maintained. Due to tenant occupancy, showings will be permitted only after an accepted offer has been executed. No exceptions will be made. Please do not disturb the tenants.

Excellent investment opportunity! Legal 5-unit multifamily property featuring four spacious 2-bedroom, 1-bath apartments plus one studio. Currently generating $6, 700 monthly with one vacant unit offering immediate upside! Projected income of $8, 400 monthly or $100, 800 annually! Annual expenses: taxes $18, 000, insurance estimated $7, 500, water $3, 756, lawn $660. Total approx. $29, 916 annually. Projected noi $70, 884 with a potential 7.16 cap! New roof in 2023, mostly renovated units with updated kitchens, flooring and pvc plumbing. Tenants pay their own electric! No hoa! Excellent income-producing property with strong upside potential!

Don’t miss out on this gorgeous fully updated 4 plex. One of the best fourplex for sale in the area. Huge corner lot. All unit were completely renovated. Each unit offers 2bed 1bath. New kitchen with quartz countertops, backsplash and all new stainless steel appliances. New waterproof vinyl wood floors throughout the unit. New bathroom with tubs, tiles, vanities, toilet and shower. New paint with light beautiful colors inside & outside. 6’ baseboard on every room. 2 parking spots for each unit. Common laundry room with two new washer and dryer combo. New water heater on each unit. 24 hours security cameras system. Sensor lights around the property. Investor's dream.