5401 22 St Lauderhill, FL 33313

This exceptional fourplex in Lauderhill, Florida, presents a prime investment opportunity. The property, located at 5401 NW 22nd St, 33313, boasts 3,744 square feet and comprises four spacious two-bedroom, one-bathroom units. Built in 1976, this single-story building has undergone recent renovations, including updated flooring, kitchens, and bathrooms. Each unit features its own washer/dryer, and independent electric meters minimize management costs, with the owner responsible for water. A recent $25,000 investment in new pipelining, complete with a lifetime warranty, ensures minimal future maintenance expenses. The property's strategic location near Sunrise and Plantation places it within a high-demand rental market. Further highlighting the area's growth potential is the nearby Lenar townhouse development, just half a mile away, with units selling for $480,000 to $520,000. This well-maintained property offers a low-maintenance, income-generating asset with significant upside potential. The asking price is $1,150,000. This is an excellent opportunity for investors seeking a stable and appreciating asset in a thriving South Florida market.