We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 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 $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
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DAYS ON MARKET
|
118
|
LAST UPDATED
|
9/19/2024
|
|
YEAR BUILT
|
1955
|
COMMUNITY
|
3090
|
|
COUNTY
|
Broward
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STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Commercial
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
3090 |
| CONSTRUCTION |
BLOCK |
| HEAT |
Wall Furnace |
| LOT |
12754 acre(s) |
| PARKING |
Common |
| SEWER |
Public Sewer |
| STORIES |
1 |
| TAXES |
32617 |
| WATER |
Public |
| ZONING |
TOC |
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Listed with Fausto Commercial Realty Consultants Inc
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Data last updated: 1/14/25 10:03 PM PST.
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This IDX solution is (c) Diverse Solutions 2025.
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