Courtesy of: Eugene J Schroeder, Bank On It Realty, gschroeder@bankonit.com
Courtesy of: Eugene J Schroeder, Bank On It Realty, gschroeder@bankonit.com
$650,000
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3 bed
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5.00 Bath (5 Full)
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Lot: 0.16 Acres
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Other
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$650,000
5701 NW 15th Street 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 windows-minimizing 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 vacant-ideal 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.
Courtesy of: Eugene J Schroeder, Bank On It Realty, gschroeder@bankonit.com
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