About 4040 Nw 31st Terrace
Great investment opportunity! 5 Unit Building in the heart of Lauderdale Lakes, great location surrounded by single family and multifamily residences. Building consists of 4 units with 2 bedrooms one bath plus Studio/Efficiency with 1 bath. Property is in excellent condition & well maintained. This income-generating asset features recent renovations, ideal for investors seeking stable returns. In 2025, major improvements include installation of hurricane impact windows & doors, new meter cans, and upgrades to include freshly painted interior and exterior, porcelain tile throughout, modern kitchen with brand-new stainless-steel appliances, upgraded cabinets, and quartz-style countertops. Fully upgraded bathrooms with premium fixtures. Water Heater and AC units replace within 5 years. roof is in good condition with no leaks. Property features courtyard entrance to each unit, fully fenced yard. Hook ups for common laundry available in storage room in rear.Location has a strong tenant appeal in a growing rental market. Centrally located minutes from major highways, schools, shopping centers, and more..
Features of 4040 Nw 31st Terrace
| MLS® # | R11164243 |
|---|---|
| Price | $975,000 |
| Bathrooms | 4.00 |
| Square Footage | 3,534 |
| Acres | 0.20 |
| Year Built | 1972 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
Community Information
| Address | 4040 Nw 31st Terrace |
|---|---|
| Area | 3550 |
| Subdivision | ORIOLE ESTATES SEC 8 |
| City | Lauderdale Lakes |
| County | Broward |
| State | FL |
| Zip Code | 33309 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| View | Garden |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air, Electric |
| # of Stories | 1 |
Exterior
| Exterior Features | Courtyard |
|---|---|
| Windows | Storm Window(s) |
| Roof | Flat |
| Construction | CBS |
Additional Information
| Zoning | RM-16 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kingdom Living Properties, LLC |
|---|