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

$649,000
1,590
SqFt
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List Price
$649,000
Status
ACTIVE
Days on Market
16
MLS#
B26079441
Subtype
Residential Income
Year Built
1959
Living Area
1,590
Acres
0.15
Subdivision
Oakland Park
Neighborhood
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
MLS Area Major
3450
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(833) 649-9699

Property Description

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.

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Additional Information

Exterior Features
Courtyard, Garden, Outdoor Living Area, Other, Uncovered Courtyard, Room For Pool
Taxes
$11,287
Zoning
R-1
Flooring
Tile
Heating
Central, Separate Meters
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Stories
1
Levels
One
Roof
Composition, Shingle
Foundation
Slab
Elementary School
Oakland Park
Middle School
James S. Rickards
High School
Northeast
View
Garden
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Listing courtesy of Grandiose Real Estate LLC. Contact:

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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Brian J McCarthy | Email: brianmccarthy954@gmail.com