8500 35Th Pl Coral Springs, FL 33065

This exceptional 5-plex investment property, located at 8500 NW 35th Street in Coral Springs, Florida, 33065, presents a compelling opportunity for savvy investors. Built in 1971, this special purpose property boasts five units, offering a strong foundation for immediate income generation. Currently fully rented with month-to-month tenants, the property presents a significant upside potential due to rents lagging behind current market rates. The property features a desirable mix of unit sizes, including 3/2 and 2/2 units, each equipped with a large two-car garage, a significant draw for tenants. Ten off-street parking spaces further enhance the property's appeal. Situated on a premium corner lot, this well-maintained property underwent a comprehensive 40-Year Inspection in 2022, mandated by the City of Coral Springs, covering all structural and electrical systems, ensuring peace of mind for the new owner. Adding to the income stream, a common use coin-operated laundry facility is available for tenants. The asking price is $1,400,000. Please respect tenant privacy.