WOWZER!!!! FULLY RENTED TRIPLEX IN NORTH LAUDERDALE. NEW ROOF INSTALLED 2024. NEW EXTERIOR PAINT. ALL UNITS RENTED ON ANNUAL LEASES AT MARKET RATE. TENANTS PAY OWN WATER AND OWN ELECTRIC, SEPERATE METERS. 6 PARKING SPACES. ALWAYS RENTED HIGH DEMAND RENTAL AREA.
**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75%..Monthly COA fee at Royale Gardens is just $355 and includes reserves! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.
Another Nice Property just Listed. This fully rented triplex is a rare investment opportunity in a highly desirable area. Located in the heart of North Lauderdale, this property is close to everything, including major highways, shopping, restaurants, and schools. Each unit in the triplex features 2 bedrooms and 2 bathrooms, making it a great option. The units are all in good condition and have been recently updated with new appliances and flooring. This makes it a great place to live or invest. Fully rented, providing immediate income Close to everything, including major highways, shopping, restaurants, and schools If you are looking for a great investment opportunity, this triplex is a must-see!
N Lauderdale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a N Lauderdale real estate agent to arrange a tour today!
N Lauderdale, Florida has a population of 55,711.
The median household income in N Lauderdale, Florida is $56,109. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in N Lauderdale is 41.7 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 58.2 degrees. The average rainfall is approximately 60.7 inches per year, with 0 inches of snow per year.