4001 Nw 31st Ave, Lauderdale Lakes, FL 33309
- $727,000
- 3,534
- SqFt
- Sold Price
- $727,000
- List Price
- $825,000
- Closing Date
- May 15, 2026
- MLS#
- A11970170
- Sq. Ft
- 3,534
- Subtype
- Quadruplex
- County
- Broward
- Community
- Oriole Estates Sec 8
- Subdivision
- Oriole Estates Sec 8
- Year Built
- 1972
Property Description
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.
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Additional Information
- Status Label
- CLOSED
- Total Unitsin Complex
- 4
- Construction
- CBS Construction
- Cooling
- Central Air, Zoned
- Flooring
- Tile
- Heating
- Other
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $14,249
- Roofing
- Shingle
- Price Per Sqft
- $205
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Listing Courtesy Of Compass Florida, LLC, Contact:
Selling Office: Prime Realty Services.