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Residential Income
$799,999
5200 NW 16th St Lauderhill, FL

A12015138

38 of 504 for Sale
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an agent
  • Listed On:

    May 9, 2026
  • Days on Market:

    32
  • Year:

    1971
  • Taxes:

    $12,671 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

5200 NW 16th St Lauderhill, FL 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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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, FHA, VA Loan

  • Year Built

    1971

Any questions about Residential Income?
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