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Active Income/MultiFamily
$2,990,000
5807 SW 25th St # 18, West Park FL 33023, West Park, FL 33023
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1955
Year Built

About This Property

We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

Property Details

Property Type Income/MultiFamily
Days on Market 74 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Location

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D
Dayron Crespo
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