805 NE 40th Street #1-3, Oakland Park, FL 33334
$649,000
- 1,590 sqft
- Built 1959
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
- Triplex
- Status
- Active
- Year built
- 1959
- Days on market
- 26
- MLS #
- B26079441
Listing courtesy of Grandiose Real Estate LLC.
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