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Triplex

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

$649,000
$408 / sqft
Tax: $11,287/yr
Living Area
1,590 sqft
Lot Size
6,571 sqft

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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Property Features

Triplex Triplex
Oakland Park
One Story
All Cash, Conventional, FHA, FHA 203K, VA Loan
Tile
Central Air
Central
Yes
See Broker Remarks, Daily Rentals Allowed, Ok To Lease With Res
VIEW
Garden
Broward County 26.1761282, -80.1366302

More about this Property

West Of Us1 Courtyard Other Room For Pool
Curr Owner Wind Mit Curr Owner Wind Mitig Cert Avail
CBS Construction Slab Construction Stucco

Roof: Comp Shingle Roof, Composition Roll, Shingle

Less Than 1/4 Acre Lot Interior Lot Less Than 1 Acre West Of US 1 Fenced

The Visual Story

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