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5311 NW 16th St

Lauderhill FL 33313

2250 sq. ft.
Duplex
Currently for sale - view listing

Overview

Excellent investment opportunity! This income-producing property features three separate units: two spacious 2-bedroom, 1-bathroom apartments and one 1-bedroom, 1-bathroom unit. The current rental income is significantly below market value because the tenants are family members, providing a strong opportunity to increase rents and maximize cash flow. Each unit includes two dedicated parking spaces, and washer/dryer hookups are conveniently located at the rear of the building. This property is an ideal addition for investors looking to grow their real estate portfolio and increase long-term returns.

Features

2250 sq. ft. floor area
Duplex

Property history for 5311 NW 16th St

2019
Sold
$265,000
11 Mar 2019 by Paulette Dennis, of E PRO Realty

Happy sellers in Lauderhill

91%
91% of sellers in Lauderhill reported that their sale price either exceeded or met their price expectations.

Lauderhill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Lauderhill over the last 12 months.

Local market activity for duplexes in Lauderhill

In the last 12 months, 12 duplexes similar to 5311 NW 16th St, have been sold.

This represents a 39% increase in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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