Neighborhood: Ft Ldale Nw(3390-3400;3460;3540-3560;3720;3810), Prospect Gardens 22-26 B
Tax Amount: $11,482
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.