261 42Nd St Oakland Park, FL 33309

This exceptional investment opportunity presents a fully occupied four-unit apartment building located at 261 NW 42nd St, Oakland Park, Florida 33309, in Broward County. Built in 1976, this single-story property boasts four spacious two-bedroom, one-bathroom units, each recently remodeled to include modern stainless steel appliances and granite countertops. All units feature central air conditioning. Currently generating positive cash flow, this property offers significant upside potential due to below-market rents. With lease renewals scheduled for September and October, this presents a timely opportunity for an investor to increase rental income. The motivated seller makes this an even more attractive proposition. The property's strong occupancy rate and recent renovations minimize immediate capital expenditure needs, allowing for a swift return on investment. This is a turnkey investment ready for a new owner to step in and capitalize on the existing cash flow and future rental increases. Don't miss this chance to acquire a well-maintained, income-producing multifamily property in a desirable location. The asking price is $1,000,000.