Excellent opportunity to acquire a 6-unit multifamily property in Oakland Park, ideally located east of U.S. Route 1. The property features a desirable unit mix consisting of four 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio, appealing to a broad tenant base. The property currently generates nearly $10,000 per month… Read More in rental income with a Net Operating Income (NOI) of $93,405. All tenants are on month-to-month leases, offering immediate upside through potential rent increases to market rates. Strategically located just minutes from Fort Lauderdale Beach, I-95, and Fort Lauderdale–Hollywood International Airport, the property benefits from strong rental demand in a highly desirable east-of-US-1 location. This is an excellent opportunity for investors seeking stable cash flow with significant value-add potential. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373
Listing Snapshot
Days Online
95
Last Updated
Property Type
Multi Family
Square Ft.
3,287
Lot Size
0.32 Acres
Year Built
1965
MLS Number
A11978741
30 Days Snapshot Of 33309
$243k
+28%
(avg) sold price
5
0%
homes sold
131
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1965, Construction materials: "Block", Toal building area: 3287, 3 total units
Cooling
"Central Individual"
Heating
"Central Individual"
Lot
0.32 acres
Property
Zoning: R-2
Roof
"Shingle"
Sewer
"Public Sewer"
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