$649,000

For sale

805 NE 40TH Street #1-3, Oakland Park FL 33334

1,590 sq ftBuilt 1959MLS# B26079441

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About this property

This non-conforming triplex in Oakland Park (currently two 1/1s and a studio) presents a solid income-producing investment opportunity.5% ROI with $56,000 in gross income and $22,000 in expenses. The property features approximately 1,590 square feet of finished living space across three separate units, each 1/1 has its own laundry and backyard and 2 parking spaces each. All hurricane windows and shutters, with newer AC and plumbing. Can be converted back to 2/2 and 1/1. Near Fort Lauderdale beach and walking distance to downtown Oakland Park. This income property offers a tangible asset with clear operational potential for an investor seeking long-term ownership and cash flow.

Property details

Property type
Multi-family
Year built
1959
Living area
1,590 sq ft
Price per sq ft
$408
Property taxes
$11,287/yr
Building / community
Oakland Park
Status
For sale
MLS #
B26079441

Listing courtesy of Grandiose Real Estate LLC.

Location

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