4001 NW 31st Ave, Lauderdale Lakes FL 33309
$825,000
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3534
Quadruplex, Residential Income
Well-maintained 5-Unit Multifamily – 100% Occupied. Excellent opportunity to acquire a stabilized, income-producing asset with 100% occupancy and strong rental history. This well-maintained 5-plex offers stable cash flow with long-term tenants in place and upside potential in rents where below market. All units have their own electric meter. Property improvements include a new roof (2021), updated main electrical distribution panel (2024), updated subpanels, and upgraded PVC plumbing, and newly asphalted parking lot. Unit mix includes 3- 2/1 and 1-2/2 and 1 efficiency currently leased at $1,000/month. Additional opportunity for income: Laundry connections and assigned parking spaces. This is a solid, turnkey multifamily investment with value-add opportunities and strong fundamentals. ZONE RM-16 & TAX INCENTIVE OPPRTUNITY ZONE. 50 YEAR INSPECTION COMPLETED.
This quadruplex home located at 4001 NW 31st Ave, Lauderdale Lakes FL 33309 is currently for sale and has been available on Brickellsold for 5 days. This property is listed at $825K. It has N/A beds, N/A bathrooms, and is 3534 square feet. It was built in 1972. 4001 NW 31st Ave, Lauderdale Lakes FL 33309 is in Lauderdale Lakes county Broward County.