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Matthew Gromadzki
International Real Estate
Matthew Gromadzki
+1 (786) 370-8570[email protected]
Gromadzki International Real Estate · Miami, FL
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3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

$990,000— Beds0 Baths3,534 Sq. Ft.$280 / sq. ft.

Lauderdale Lakes, FL 33309 · ORIOLE ESTATES SEC 8,5 Units For Sale! Mo

Status
Active
Type
Quadruplex
Year Built
1972
Days on Market
0
Lot Size
8,850 sqft
MLS #
B26087278

About This Home

Excellent Investment Opportunity! Legal 5-Unit Multifamily Property Featuring Four Spacious 2-Bedroom, 1-Bath Apartments Plus One Studio. Currently Generating $6,700 Monthly With One Vacant Unit Offering Immediate Upside! Projected Income Of $8,400 Monthly Or $100,800 Annually! Annual Expenses: Taxes $18,000, Insurance Estimated $7,500, Water $3,756, Lawn $660. Total Approx. $29,916 Annually. Projected NOI $70,884 With A Potential 7.16 Cap! New Roof In 2023, Mostly Renovated Units With Updated Kitchens, Flooring And PVC Plumbing. Tenants Pay Their Own Electric! No HOA! Excellent Income-Producing Property With Strong Upside Potential!

Property Details

Flooring
Tile
Heating
Central
Cooling
Electric

Building & Association

Stories
1
Stories Total
1
Association
No
Association Fee
0
Pets Allowed
Yes

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot, Less Than 1 Acre
Lot Size Square Feet
8,850
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Comp Shingle Roof, Shingle
Exterior Features
Other
New Construction
No

Public Records

Parcel Number
494219152161
Tax Annual Amount
$18,353
Tax Year
2,025
Zoning
RM-16
County Or Parish
Broward County

Location

Matthew Gromadzki
Matthew Gromadzki
Broker
+1 (786) 370-8570
Request a Tour

3970 NW 31ST Terrace, Lauderdale Lakes, FL 33309

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ORIOLE ESTATES SEC 8