WOWZER!!!! FULLY RENTED TRIPLEX IN NORTH LAUDERDALE. NEW ROOF INSTALLED 2024. NEW EXTERIOR PAINT. ALL UNITS RENTED ON ANNUAL LEASES AT MARKET RATE. TENANTS PAY OWN WATER AND OWN ELECTRIC, SEPERATE METERS. 6 PARKING SPACES. ALWAYS RENTED HIGH DEMAND RENTAL AREA.
**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 3 UNITS TO ACCOMODATE BUYERS BUDGET. One Unit is rented for $2400, 2 are rented for $2350
Courtesy: The Nice Agent Co
786-752-6423
Another Nice Property just Listed. This fully rented triplex is a rare investment opportunity in a highly desirable area. Located in the heart of North Lauderdale, this property is close to everything, including major highways, shopping, restaurants, and schools. Each unit in the triplex features 2 bedrooms and 2 bathrooms, making it a great option. The units are all in good condition and have been recently updated with new appliances and flooring. This makes it a great place to live or invest. Fully rented, providing immediate income Close to everything, including major highways, shopping, restaurants, and schools If you are looking for a great investment opportunity, this triplex is a must-see!
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All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc.
N Lauderdale is located in Florida. N Lauderdale, Florida has a population of 55,711.
The median household income in N Lauderdale, Florida is $56,109. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in N Lauderdale is 41.7 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 58.2 degrees. The average rainfall is approximately 60.7 inches per year, with 0 inches of snow per year.
