Lauderdale Lakes Multifamily Investment
3970 NW 31st Ter Lauderdale Lakes, FL 33309
For Sale
$1,250,000
Five-unit multifamily property with immediate income and upside potential.
Days on Market95
Property Features for 3970 NW 31st Ter
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1973
Listing Agency:
Power One Real Estate Services, Inc.
(305) 815-7474
Listed By:
Juan Carlos Angulo · License #0705193
(305) 815-7474
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 19 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Power One Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This multifamily property in Lauderdale Lakes features five units, offering immediate income. There are four units with two bedrooms and one bathroom each, along with one efficiency unit. The property generates a monthly income of $9,100, totaling $109,200 annually. A new roof was installed in 2023. The property is occupied by stable, long-term tenants and experiences low vacancy. This presents an opportunity for investors seeking a strong cash flow from day one, with potential for increased returns. The location has a walk score of 63, indicating it is somewhat walkable, a bike score of 47, indicating it is somewhat bikeable, and a transit score of 35, indicating some transit options are available.
Key Highlights
- High Cash Flow Investment: Immediate income‑generating multifamily property.
- Strong Rental Income: $9,100 monthly ($109,200 annually).
- New Roof (2023): Reduces immediate maintenance concerns.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with immediate income and upside potential.
Where is this apartment building located?
The property is located at 3970 NW 31st Ter Lauderdale Lakes, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: High Cash Flow Investment: Immediate income‑generating multifamily property.; Strong Rental Income: $9,100 monthly ($109,200 annually).; New Roof (2023): Reduces immediate maintenance concerns.
