5401 NW 22nd St Active Save Request In-Person Tour Request Virtual Tour
Lauderhill,FL 33313
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $280
Subdivision Stonebridge Estates
MLS Listing ID A11693095
Style Fourplex
Year Built 1976
Annual Tax Amount $14,900
Tax Year 2024
Property Description
Prime Investment Opportunity in Lauderhill! This well maintained fourplex offers investors a low-maintenance, income-generating asset. Each spacious 2BD/1BTH unit provides ample space for tenants. Recent updates across the property, including flooring, kitchens, bathrooms, and on-site washer/dryer enhance its appeal. Independent electric meters for each unit reduce management costs (owner covers water). With a recent $25,000 pipelining project and a lifetime warranty on the pipes maintenance needs are minimal. Situated near Sunrise and Plantation, this property is ideally located in a high-demand rental area. The nearby Lenar townhouse development, just a half-mile away, underscores the area's growth potential, with units starting from $480K-$520K.
Location
State FL
County Broward
Community Stonebridge Estates
Area 3750
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Tile,Wood
Exterior
Exterior Feature Deck,Fence,Fruit Trees,Lighting,Porch,Room For Pool,Storm/Security Shutters
Pool None
Community Features Laundry Facilities
Utilities Available Cable Available
Roof Type Shingle
Building
Lot Description Sprinklers Automatic,< 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Corporate Listing