5701 15th Street, Lauderhill, FL 33313
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  • MLS#: B26004393 ( Residential Income )
  • Street Address: 5701 15th Street
  • Viewed: 54
  • Price: $650,000
  • Price sqft: $288
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 2260
  • Days On Market: 25
  • Additional Information
  • Geolocation: 26 / -80
  • County: Broward
  • City: Lauderhill
  • Zipcode: 33313
  • Subdivision: Fern Sub No One
  • Provided by: Bank On It Realty
  • DMCA Notice
  • Description
    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 windowsminimizing 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 vacantideal 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.
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Features
Building and Construction
  • Exterior Features: None
  • Fencing: None
  • Flooring: Tile
  • Roof: Shingle
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Other
  • Heating: Other
  • Pets Allowed: Yes, No Restrictions
  • Sewer: Public Sewer
  • Utilities: None
Finance and Tax Information
  • Tax Year: 2025
Rental Information
  • Tenant Pays: None
Other Features
  • Legal Description: FERN SUB NO ONE 55-5 B LOT 6 BLK 10
  • Parcel Number: 494135062030
  • Views: 54
  • Zoning Code: RM-8
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