Prime Investment Opportunity in Lauderdhill! This well maintained fourplex offers investors a low-maintenance, income-generating asset. Each spacious 2BD/1BTH unit, providing ample space for tenants. Recent updates across the property, including renovations in flooring, kitchens, bathrooms, and on-site washer and dryer enhance its appeal. Independent electric meters for each unit reduce management costs (owner covers water). With a recent $25,000 pipelining project and a lifetime warranty on the pipes maintenance needs are minimal. Situated near Sunrise and Plantation, this property is ideally located in a high-demand rental area. The nearby Lenar townhouse development, just a half-mile away, underscores the area's growth potential, with units starting from $480K-$520K.
Property Details
Property Features
Property Information:
Architectural Style: Fourplex
Year Built: 1976
Stories: 1
Living Area: 3,744 SqFt
Listing Office:
Office Name: AG Real Estate Advisors, LLC
Office Phone: (305) 374-2092
Listing Agent: Yulia Vargas
Interior Features
Interior Information:
Flooring Type: Tile, Wood
Exterior Features
Exterior Information:
Exterior: Deck, Fence, Fruit Trees, Lighting, Porch, Room For Pool, Storm/Security Shutters
Directions: From I-95, take exit 29 for Sunrise Boulevard West. Continue on Sunrise Boulevard, then turn right onto NW 55th Avenue. Head north until you reach NW 22nd Street, then turn right. The property will be on your left side, with clear street visibility.
Price Information
Listing Price Info
Price Summary:
List Price: $1,150,000
Price Per SqFt: $307/SqFt
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Housing Market Comparison
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Royal Palm Elementary School
1951 NW 56th Ave
Distance between this listing and this school0.33 miles
Public Magnet Grades PK-5
6
/10
Endeavour Primary Learning Center
2600 NW 58th Ter
Distance between this listing and this school0.59 miles
Public District Grades PK-3
3
/10
Castle Hill Elementary School
2640 NW 46th Ave
Distance between this listing and this school0.74 miles
Public District Grades PK-5
Nearby Schools
4
/10
Lauderhill 6-12 School
1901 NW 49th Ave
Distance between this listing and this school0.48 miles
Public Magnet Grades 6-8
4
/10
Championship Academy of Distinction of West Broward
7100 W Oakland Park Blvd
Distance between this listing and this school1.37 miles
Public Charter Grades KG-8
7
/10
Ben Gamla Charter School South Broward
6511 W Sunrise Blvd
Distance between this listing and this school1.47 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Plantation High School
6901 NW 16th St
Distance between this listing and this school1.31 miles
Public Magnet Grades 9-12
3
/10
Eagles Nest Charter Academy
3698 NW 15th St
Distance between this listing and this school1.77 miles
Public Charter Grades KG-12
2
/10
Championship Academy of Distinction High School
3020 NW 33rd Ave
Distance between this listing and this school2.04 miles
The neighbors living near this home have an average income of $30,404. The most common annual income of people living in Lauderhill, FL is less than $35k. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
This home is located at 5401 NW 22nd St in Lauderhill, FL and zip code 33313. This 3,744 square foot home was built in 1976. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $1,150,000.
In October 2024, from all listings sold in Lauderhill, FL there were more than 5 sold above asking price, over 17 sold below and more than 8 were sold right at the asked price. In October 2024 in Lauderhill, FL there were 4.1% more homes for sale than in September 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $250,833 during the same period.
From Rocket Homes Real Estate and based on county public records data.