4001 NW 31st Ave, Lauderdale Lakes FL 33309

For sale Days on market 39

ORIOLE ESTATES SEC 8 [ Quadruplex ]

$825,000

$233/sq ft

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Overview

Year Built

1972

Sqft

3534

Property Type

Quadruplex

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.

Property Details

MLS#

A11970170

Building

ORIOLE ESTATES SEC 8

Address

4001 31st Ave NW

City

Lauderdale Lakes

State/county

Zip/Postal Code

33309

Area

Oriole Estates Sec 8

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,249

Maint Fee

$--

Tax Year

2025

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