Multifamily in Oakland Park, FL 33309Prospect Gardens, 161 NW 40th St
OFF MARKET
Beds
2,815
SqFt$318
$/SqFtPremium MultifamilyProperty Type
1959Year Built
$318/SqFtPrice per sq ft
FourplexStyle
Great investment opportunity in Oakland Park. 5Plex consisting of four 1BD/1BA and one 2BD/1BA. All tenants are on annual leases with rental income of $7300/month. Units have been updated with stainless steel appliances,
laminate wood flooring, and granite countertops. Separate electric meters. Coin operated laundry onsite. The roof was recently resurfaced in 2021. Property is situated on a large lot of 14,658 SF, over a quarter of an acre.
There is value add potential as units can be further remodeled to increase rents. Cash flowing property with leases in place at competitive rates for the next investor to grab the torch.
Listing Courtesy Of: Metropolitan Property Grp Fl LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 1591 DaysUpdated: 1445 Days agoPage Views: 0
Features
MLS Number: F10336499
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: Electric
Building and Construction
- Floor Description: Laminate
- Year Built: 1959
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-06-21T15:14:25.473-00:00
Taxes, Fees & More
- Taxes: 11482
- Total Units in Building: No info
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/14/2022
Listed
$895K
$318 ft2
$3,422 m2
11/14/2022
$895K
Event
Listed
Price Per
$318 ft2
$3,422 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Elizabeth Coloma • Metropolitan Property Grp Fl LLC • Buyer Agency Compensation .
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Community Snapshot
3 – 5 BR
Bedrooms
$435K – $689K
Price Tier
724 - 11,314
SqFt Range
1976
Year Build
2
Total Floors
Subdivision Amenities
Laundry
None
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Other Oakland Park, FL Homes & Condos Price Range Segments
Entry-Level
Entry-Level36
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- El Sol At Main Street Condo3
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- Lake Emerald Condo29
- Lake Pointe Condo7
- LakeView Club Condo11
- Mira Lago Condo4
- Montage By The Lake Townhouse2
- Northeast Heights Condo1
- Oakland Forest Club Condo9
- Oakland Grove Village Condo4
- Oakland Shores Condo8
- Ocean Boulevard Park House1
- Pines Of Oakland Forest Condo0
- Pines West Mixed5
- River Bend At River Shores Condo2
- River Terrace At River Shores Condo1
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- Sailboat Pointe Condo12
- Seacrest Isles Mixed2
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- Three Rivers East Condo0
- Villas At Coral Heights Townhouse2
Mid-Tier
Mid-Tier12
High-End
High-End1
Ultra Luxury
Ultra Luxury
Prospect Gardens Communities in Oakland Park, FL
Entry-Level
Entry-Level 2
Inactive Segment
Inactive Segment 2
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