Lauderdale North Park Sec

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Other Available Information
• Architectural Style: Detached
• Cooling: Ceiling Fan(s)
• Heating: Central
• Flooring: Tile
• Construction Materials: Concrete Block Construction, CBS Construction

Description:

Well-maintained 4-unit multifamily on a 9,017 SF lot located in a strong rental area. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7,100/month with rental upside to $7,600/month. The property yields $85,200 in gross annual income, with a current NOI of $42,621 and market NOI of $48,621, resulting in a 7.6% cap rate. Utilities are shared across all units (not separately metered). With a solid rental history, stable tenants, and clear potential for growth, this is a great opportunity to acquire a cash-flowing asset with long-term upside.