4001 NW 31st Ave , Lauderdale Lakes, FL 33309

Comments for 4001 NW 31st Ave , Lauderdale Lakes, FL 33309

Well-maintained 5-Unit Multifamily ? 100% Occupied. Excellent opportunity to acquire a stabilized, income-producing asset with 100% occupancy and strong rental history. This well-maintained 5-plex offers stable cash flow with long-term tenants in place and upside potential in rents where below market. All units have their own electric meter. Property improvements include a new roof (2021), updated main electrical distribution panel (2024), updated subpanels, and upgraded PVC plumbing, and newly asphalted parking lot. Unit mix includes 3- 2/1 and 1-2/2 and 1 efficiency currently leased at $1,000/month. Additional opportunity for income: Laundry connections and assigned parking spaces. This is a solid, turnkey multifamily investment with value-add opportunities and strong fundamentals. ZONE RM-16 & TAX INCENTIVE OPPRTUNITY ZONE. 50 YEAR INSPECTION COMPLETED.