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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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5200 NW 16th St , Lauderhill, FL 33313
$710,000
Est. Payment: $1,577.78/mo
6 Bed
4 Bath
2399 Sqft
Status: Active | Days on site: 133
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ACEV01 - 3058504
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House Description

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
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Highlights

Listed by Irfan Khan , 954-394-8935 Ace Core-Group, LLC. , 954-934-3612.

Property Type

Multi-Family

Year Built

1971

County

Broward

Area

3750

 Neighborhood

Sunshine Villas

Listing ID

A12015138

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:< 1/4 Acre
Garage Capacity:4
Zoning:RM-8
Roof:Shingle
Others:
  • ▪ Additional:Fence, Fruit Trees
Sewer:Public Sewer
Principal Interest
$1,578
Taxes
$1,056

Home Price

$710,000

Loan Details

30 yrs
%

Down Payment

20%
$142,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,577.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,577.78 $1,055.92 $0.00 $2,633.69
Yearly $18,933.33 $12,671.00 $0.00 $31,604.33
Total $568,000.00 $380,130.00 $0.00 $948,130.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lauderhill, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.