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About This Home
This 6-bedroom, 4-bathroom multi-family at 5200 NW 16th St in Lauderhill, FL is listed for $799,999 ($333 per sqft). Built in 1971, the home offers 2,399 sqft of living space on a N/A lot.
COMPLETELY UPDATED. LONG TERM TENANTS. EXCEPTIONAL INVESTMENT CORNER PROPERTY WELL MAINTAINED TRIPLEX OF 6 BEDROOMS & 4 BATHS OFFERING STRONG, CONSISTENT RENTAL INCOME, THE FIRST UNIT IS A 2/1 AND SECOND ONE IS A 2/1 THIRD UNIT IS A 2/2 HAS PRIVATE ENTRANCE AND SEPARATE PARKING SPACE.
PROPERTY IS TENANTS OCCUPIED WITH ANNUAL LEASE. PROPERTY HAS IMPACT WINDOWS, CENTRAL AC, TILE FLOOR, FRESHLY PAINTED, AND ALSO HAS BIG YARD WITH MANGO AVOCADO AND ACKEE TREES. IDEALLY LOCATED CLOSE TO SHOPPING CENTERS, PUBLIC TRANSPORTATION, RESTAURANTS AND SCHOOLS MAKING IT HIGHLY ATTRACTIVE TO TENANTS & EASY TO KEEP FULLY OCCUPIED.
THIS PROPERTY IS ALSO BEING OFFERED WITH ANOTHER TRIPLEX NEXT TO THIS PROPERTY TO MAKE A GREAT PORTFOLIO. TRIPLEX #1 MONTHLY INCOME IS $5,645 AND TRIPLEX #2 MONTHLY INCOME IS $5,198, THE COMBINES INCOME OF ALL 6 UNITS IS $10,843 THIS CAN BE EASILY INCREASE TO $14,000 USD/MONTH ($168,000 USD/YEAR) SUCH A HIGH PRO-FORMA CAP RATE WILL MAKE YOU LOOK LIKE A HERO.
PLEASE DRIVE BY TO SEE BOTH TRIPLEXES. BRING OFFERS TODAY. DO NOT WALK RUN! PLEASE DO NOT DISTURB TENANTS. 5200 NW 16TH ST AND 5210 NW 16TH ST CAN BE PURCHASED TOGETHER OR SEPARATELY
Key Features
- Built in 1971
- 4 parking spaces
Property Details
Monthly Cost Estimate
$4,279/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5200 NW 16th St
Lauderhill, FL 33313
Sunshine Villas
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 6-bedroom, 4-bathroom multi-family at 5200 NW 16th St is listed at $799,999 ($333/sqft). The estimated monthly payment is $3,467 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 4 parking spaces. Exterior Features: Fence, Fruit Trees.
This property is listed by Irfan Khan and can be reached at 9543948935 or honestrealtor2000@gmail.com.
