Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Electric

  • 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

    Quadruplex

  • Architectural Style

    Fourplex

Price

  • Sales Price

    $900,000

  • Tax Amount

    $18,149

  • Financing Options

    Conventional, FHA, VA Loan

  • Zoning

    RM-22

  • Sq. Footage

    3,233

  • Price/SqFt

    $278

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

County

Broward

Elementary School

Middle School

High School

Listing Courtesy of Louis Sparks, Pines Real Estate & Investment

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ATTENTION INVESTORS! Incredible opportunity to own a high-performing income-producing fourplex in the high-demand rental market of Lauderhill. This solid concrete block building features four spacious, well-maintained units, each boasting an identical 2-bedroom, 1bathroom layout with durable tiled flooring throughout. Designed for effortless management and low overhead, the property features, tenants will find this a suitable area to raise their family, close to schooling, and shopping centers. Landlord expenses are minimized, primarily covering water and waste. Landlord you will have a great great property
 A separate utility room provides added functionality on site. This turnkey asset offers massive cash-flow potential with strong rental demand in the immediate area. Investors can expect an estimated gross monthly rental income at full market stabilization. Enough parking space for tenant and to have a guest with no issue or concerns.  
Positioned in a prime, central Broward County location with effortless access to the Florida Turnpike, major highways, and public transportation. Tenants will love being minutes from local shopping centers, diverse dining options, schools, and parks. Do not miss out on this ready-to-go cash cow. Please do not disturb tenants. Showings are available by appointment only. solid concrete block building features four spacious, well-maintained units, each boasting an identical 2-bedroom, 1-bathroom layout with durable tiled flooring throughout.

5832 NW 23rd St

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Related Properties

Fully updated triplex offering a clean, low-maintenance opportunity for investors and owner-occupants alike. Each of the three units features 2 bedrooms, 1.5 bathrooms, private entrances, equal layouts, two dedicated parking spaces, and privately sectioned backyards that add to tenant appeal and retention.

Major improvements have already been completed: roof (2023), impact windows and doors (2021), HVAC systems and tankless water heaters (2022). All units have updated kitchens, with 2 units featuring fully renovated full and half baths. The middle unit is currently being completed, positioning the property for full market rents immediately upon completion.

One unit is owner-occupied, creating potential for FHA house hacking while the remaining units help offset monthly expenses. Another unit is currently rented below market, offering clear upside in future rental income. Additionally, several neighboring triplexes with similar layouts have converted units into 3-bedroom configurations to further maximize rental income potential.

Conveniently located near major highways, schools, colleges, parks, shopping, restaurants, and everyday conveniences, with easy access to the nightlife and dining of Las Olas Boulevard and the coastal lifestyle of Fort Lauderdale Beach.

Some images have been staged. Elevated property taxes are due to the PACE program used for upgrades. Seller will pay off the amount due at closing.
#A11988880

Lauderhill

2260 NW 59th Way

None Beds

None Baths

3,013 Sq.Ft.

$815,000

MLS#: A11988880

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