For Sale
$850,000

1840 52Nd AveLauderhill, FL 33313

High-yield fourplex, great upside potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional fourplex in Lauderhill, Florida, presents a compelling investment opportunity. Located at 1840 NW 52nd Ave, 33313, this 1971-built property boasts 3,212 rentable square feet situated on a generous 8,062 square foot lot. The property comprises four two-bedroom, one-bathroom units, currently generating an average monthly rent of $1,800 per unit, offering significant potential for rental income growth. The property's one-story design simplifies management, while its location within the thriving Lauderhill market ensures strong tenant demand. The asking price is $850,000, representing a compelling entry point for investors seeking to capitalize on the escalating rental rates and development activity in the area. This multifamily property is an ideal investment for those seeking a stable, high-yield asset with substantial upside potential in a rapidly growing market. The property's size and layout provide a solid foundation for long-term growth and appreciation. This is a rare opportunity to acquire a well-maintained, income-producing property in a prime location. Don't miss out on this chance to secure a valuable addition to your investment portfolio.

Highlights

  • Exceptional fourplex investment opportunity in Lauderhill, FL.
  • Located at 1840 NW 52nd Ave, 33313, on an 8,062 sq ft lot.
  • 3,212 rentable sq ft, four 2 bed/1 bath units.
  • $1,800 average monthly rent per unit, strong rental income potential.
  • Asking price: $850,000.

Property Details for 1840 52Nd Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1971
Stories
1

Location Insight

City
Lauderhill
County
Broward
State
Florida
Latitude
26.1489264
Longitude
-80.2200623
1840 52Nd Ave, Lauderhill, Florida

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1840 52Nd Ave
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