355 NW 32nd St, Oakland Park, FL, 33309
1965
Fourplex
3,287 sqft
Excellent opportunity to acquire a 6-unit multifamily property in Oakland Park, ideally located east of U.S. Route 1. The property features a desirable unit mix consisting of four 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio, appealing to a broad tenant base. The property currently generates nearly $10,000 per month in rental income with a Net Operating Income (NOI) of $93,405. All tenants are on month-to-month leases, offering immediate upside through potential rent increases to market rates. Strategically located just minutes from Fort Lauderdale Beach, I-95, and Fort Lauderdale–Hollywood International Airport, the property benefits from strong rental demand in a highly desirable east-of-US-1 location. This is an excellent opportunity for investors seeking stable cash flow with significant value-add potential.
Status:
Active
Type:
Multi-family
Zoning:
R-2
Subdivision:
BOULEVARD VILLAS
Heating:
Central
Cooling:
Central Air
Parking:
8-car
Est. Taxes:
$19,100
Construction
Block,Other
Utilities
Cable Not Available
Lot Description:
< 1/4 Acre
Days on Market:
5
Pool:
None
MLS #:
A11978734
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Fausto Commercial Realty Consultants Inc 954-743-7594