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161 NW 40th St

Oakland Park, FL 33309
  • $895,000
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: F10336499
UPDATED: 70 min ago
$895,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,815
    SQFT
  • $318
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:
Area:

School Ratings & Info

Description

Great investment opportunity in Oakland Park. 5Plex consisting of four 1BD/1BA and one 2BD/1BA. All tenants are on annual leases with rental income of $7300/month. Units have been updated with stainless steel appliances,laminate wood flooring, and granite countertops. Separate electric meters. Coin operated laundry onsite. The roof was recently resurfaced in 2021. Property is situated on a large lot of 14,658 SF, over a quarter of an acre.There is value add potential as units can be further remodeled to increase rents. Cash flowing property with leases in place at competitive rates for the next investor to grab the torch.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-10-06T08:18:48.963.
www.ewm.com/homes/130081608
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161 NW 40th St Oakland Park, FL 33309

  • Price: $895,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 70 min ago
  • MLS #: F10336499
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,815
SQFT
$318
$/SQFT
1959
Built
Neighborhood:
Prospect Gardens 22-26 B
County:
Broward
Area:
3720
Property Description
Great investment opportunity in Oakland Park. 5Plex consisting of four 1BD/1BA and one 2BD/1BA. All tenants are on annual leases with rental income of $7300/month. Units have been updated with stainless steel appliances,laminate wood flooring, and granite countertops. Separate electric meters. Coin operated laundry onsite. The roof was recently resurfaced in 2021. Property is situated on a large lot of 14,658 SF, over a quarter of an acre.There is value add potential as units can be further remodeled to increase rents. Cash flowing property with leases in place at competitive rates for the next investor to grab the torch.
Exterior Features

Approximate Lot Size 14568 SF Construction Type Cbs Construction Lot Description 1/4 To Less Than 1/2 Acre Lot Parking Spaces 7 Pool No Property Type Information Attached Roof Description Flat Tile Roof Spa No Style Fourplex Type Of Property Fourplex Waterfront Property YN No

Interior Features

Cooling Description Electric Cooling Floor Description Laminate Heating Description No Heat Sq Ft Total 14658

Property Features

Association Type None Auction YN No Cable Available No Gated Community YN No Geographic Area Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810) Information Available Financial StatementCopy Of Lease(S)Rent Rolls Possession Information Funding Rent Includes SewerTrash Removal REO No Sewer Description Municipal Sewer Short Sale No Subdivision Name Prospect Gardens 22-26 B Tax Amount 11482 Tax Information Tax Reflects No Exemptions Tax Year 2021 Terms Considered CashConventional Water Description Municipal Water Year Built Description Resale Zoning Information Rm-16

Listing provided courtesy of Metropolitan Property Grp Fl Llc: (954) 372-1043. Listing information © 2022 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2022 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2022-10-06T08:18:48.963.
 
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