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Susan Larkin

susan.larkin@engelvoelkers.com +1(781) 801-5885

$ 765,000

Est. payment -/mo

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Active

5210 NW 16th ST Lauderhill, FL 33313

2,399 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,399 sqft

Price per Sqft $318

Subdivision Sunshine Villas

MLS Listing ID A12015243

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 2399

Year Built 1970

Annual Tax Amount $13,465

Tax Year 2025

Property Sub-Type Triplex

Property Description

COMPLETELY UPDATED. LONG TERM TENANTS. EXCEPTIONAL INVESTMENT 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. PROPERTY IS TENANTS OCCUPIED WITH ANNUAL LEASE. PROPERTY HAS NEW ROOF 2026, IMPACT WINDOWS, CENTRAL AC, TILE FLOOR, FRESHLY PAINTED, AND ALSO HAS BIG YARD WITH FRUIT 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.

Location

State FL

County Broward

Area 3750

Zoning RM-8

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Fireplace No

Exterior

Fence Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Fruit Trees

Story 1

Sewer Public Sewer

Water Public

Structure Type Block,Pre-Cast Concrete

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools Plantation

Middle Schools Lauderhill 6-12

High Schools Boyd H. Anderson

Others

Tax ID 494135210190

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12015243

Listed by Irfan R Khan Ace Core-Group, LLC.

NEARBY SCHOOLS & PROPERTIES

Susan Larkin

Advisor | License ID: SL3570527

+1(781) 801-5885

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