901 40Th StOakland Park, FL 33334

Property Details for 901 40Th St

Year built

1959

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 1-story triplex in Oakland Park, Florida, presents a compelling investment opportunity. Located at 901 NE 40th St, 33334, in Broward County, this 1959-built property boasts a desirable East Oakland Park location, offering convenient access to a vibrant culinary arts district. The property includes two 1-bedroom/1-bathroom units and a single efficiency unit, providing a diverse rental mix. Significant recent upgrades enhance its value and appeal, including a brand-new roof and the installation of tankless water heaters for increased energy efficiency. Ample parking is available, with space for up to seven vehicles. Residents enjoy the convenience of being within walking distance of numerous restaurants, bars, coffee shops, and the Downtown City Hall. Furthermore, the property's proximity to Publix, beautiful beaches, and Fort Lauderdale Airport adds to its desirability and rental potential. The asking price for this multifamily property is $569,900. This is a rare opportunity to acquire a well-maintained, high-demand property in a thriving location. The strong rental market and recent improvements make this an attractive investment for both seasoned and new investors seeking a solid return.

Location Insight

City

Oakland Park

County

Broward

State

Florida

Latitude

26.1762

Longitude

-80.1355

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