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.
3,287 Sq Ft
investment
$19,100 Annual Tax
Built in 1965
MLS/Listing ID A11978734
BOULEVARD VILLAS
1 Stories
6 Units
Shingle
Canal Front
Vinyl
Cooling - Central Air
Style - Detached
TOTAL MONTHLY COST
$0
$0
$0