Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
2,260
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Other
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$650,000
-
Tax Amount
$13,971.12
-
Sq. Footage
2, 260
-
Price/SqFt
$287
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Eugene J Schroeder , Bank On It Realty
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