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.
| Website: | https://www.nestseekers.com/5649526 |
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| Address: | Apt: 118 West Park, FL 33023 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Lot Size: | 0.3 Acres |
Financials
Price:$2,990,000
Annual Taxes:$39,452
Description
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11977304
Deborah L. Ginsburg 150 Worth Ave, Palm Beach, FL 33480 Phone: +1 561-725-9229 | |
| Listing Courtesy of Fausto Commercial Realty Consultants Inc | |