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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
2,399
COMPLETELY UPDATED. LONG TERM TENANTS. EXCEPTIONAL INVESTMENT PROPERTY WELL MAINTAINED TRIPLEX OF 6 BEDROOMS & 4 BATHS OFFERING STRONG, CONSISTENT RENTAL INCOME, THE FIRST UNIT IS A 2/1 AND SECOND ONE IS A 2/1 THIRD UNIT IS A 2/2. PROPERTY IS TENANTS OCCUPIED WITH ANNUAL LEASE. PROPERTY HAS NEW ROOF 2026, IMPACT WINDOWS, CENTRAL AC, TILE FLOOR, FRESHLY PAINTED, AND ALSO HAS BIG YARD WITH FRUIT TREES. IDEALLY LOCATED CLOSE TO SHOPPING CENTERS, PUBLIC TRANSPORTATION, RESTAURANTS AND SCHOOLS MAKING IT HIGHLY ATTRACTIVE TO TENANTS & EASY TO KEEP FULLY OCCUPIED. THIS PROPERTY IS ALSO BEING OFFERED WITH ANOTHER TRIPLEX NEXT TO THIS PROPERTY TO MAKE A GREAT PORTFOLIO. TRIPLEX #1 MONTHLY INCOME IS $5,645 AND TRIPLEX #2 MONTHLY INCOME IS $5,198, THE COMBINES INCOME OF ALL 6 UNITS IS $10,843 THIS CAN BE EASILY INCREASE TO $14,000 USD/MONTH ($168,000 USD/YEAR) SUCH A HIGH PRO-FORMA CAP RATE WILL MAKE YOU LOOK LIKE A HERO. PLEASE DRIVE BY TO SEE BOTH TRIPLEXES. BRING OFFERS TODAY. DO NOT WALK RUN! PLEASE DO NOT DISTURB TENANTS. 5200 NW 16TH ST AND 5210 NW 16TH ST CAN BE PURCHASED TOGETHER OR SEPARATELY.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Triplex
Price
-
Sales Price
$799,999
-
Tax Amount
$13,465
-
Zoning
RM-8
-
Sq. Footage
2, 399
-
Price/SqFt
$333
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Broward
Elementary School
Middle School
High School
Listing Courtesy of Irfan Khan , Ace Core-Group, LLC.
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AGENT
David Jean-Louis
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