901 40Th Dr, Oakland Park, FL 33334
This exceptional triplex in desirable East Oakland Park, Florida presents a lucrative investment opportunity. Built in 1959, this single-story building boasts a newly installed roof and modern tankless water heaters, minimizing maintenance concerns and maximizing efficiency. The property comprises two one-bedroom, one-bathroom units and a convenient efficiency unit, providing diverse rental income streams. Ample parking is available, with space for up to seven vehicles. Its strategic location offers unparalleled convenience, with easy walking access to a vibrant array of restaurants, bars, coffee shops, and the City Hall, all situated within the thriving Culinary Arts district. Residents enjoy proximity to major amenities, including a Publix supermarket, beautiful beaches, and Fort Lauderdale-Hollywood International Airport, enhancing the property's appeal to tenants. The address is 901 NE 40th St, Oakland Park, FL 33334, in Broward County. The asking price for this well-maintained multifamily property is $569,900. This represents a strong investment opportunity in a high-demand area with excellent potential for long-term growth and rental income.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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