$ 650,000
-
$650,000
Price -
3
Bed -
5
Bath -
2,260
SqFt
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About the Listing BOIR01 - 687483
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.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Pets Allowed
- Water: Multiple Meters,Public
Exterior Details
- Lot Description: < 1/4 Acre
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: RM-8
- Roof: Shingle
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,971
- Taxes w/Assessments: $569,980
- Tax/Property ID: 494135062030
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
5701 NW 15th St Lauderhill, FL 33313
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