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.
Lease Term
1 to 3 years5,718 Sq Ft
0.29 Private Acres Lot Size
commercial
$3,288 Monthly Tax
Built in 1955
MLS/Listing ID A11977304
1 Stories
Public Sewer
Public Water
Cooling - Wall/window unit(s)
Built-Up
Parking - Shared Parking
Heating - Wall Units
Tile
TOTAL MONTHLY COST
$0
$0
$0
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