For Sale
$475,000

5221 15Th CtLauderhill, FL 33313

Two-unit apartment building, renovated, great cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a two-unit apartment building located at 5221 NW 15th Ct, Lauderhill, FL 33313, in Broward County. Built in 1969, this single-story property is priced to sell at $475,000. The property boasts two units; one is currently rented for $1800 per month under a Section 8 lease with a five-year tenant history, offering potential for rent increase to $2300. The second unit, a 3-bedroom, 1-bathroom apartment, is on a month-to-month lease at $2100 and will be vacant at closing. Significant renovations were completed four years ago, and the roof was replaced in 2020. The property features PVC piping and each unit includes its own washer and dryer. This property is ideal for investors seeking strong cash flow or first-time buyers entering the real estate market. Showings are available by appointment only.

Highlights

  • $475,000 asking price.
  • Lauderhill, FL multifamily investment opportunity.
  • Two-unit apartment building.
  • Built in 1969, one story.
  • Recently renovated (4 years ago), new roof (2020), PVC piping.

Property Details for 5221 15Th Ct

Property type
Apartment buildings, Small apartment buildings
Year Built
1969
Stories
1
Units
2

Location Insight

City
Lauderhill
County
Broward
State
Florida
Latitude
26.143625
Longitude
-80.220851
5221 15Th Ct, Lauderhill, Florida

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5221 15Th Ct
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