$1,300,000
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.